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Tianan (00028) announced interim results. Shareholders' losses of HK$446 million were converted from profit to loss year over year
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According to the Zhitong Finance App, Tianan (00028) announced interim results for the six months ended June 30, 2026. The group achieved revenue of HK$1,671 million, a year-on-year decrease of 80.73%; the company's shareholders should have accounted for losses of HK$446 million, while profit of HK$2,345 billion was achieved in the same period last year; and a loss of HK$30.42 per share.

According to the announcement, the main reasons for the decline in financial performance during this period include: a significant decrease in revenue recognition due to the Group's delivery of no major real estate development projects to customers; increased losses of associated companies and losses attributable to joint ventures, which were profits in the previous period; and continued investment property revaluation losses.

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