TIAN AN (00028) announces profit increase It is expected that the shareholders' net profit for the first half of the year will increase significantly to around HKD 2.2 billion to HKD 2.4 billion.

TIAN AN (00028) announced that the group is expected to achieve a net profit attributable to shareholders of approximately 2.2 billion to 2.4 billion Hong Kong dollars in the first half of 2025, a significant increase from approximately 78 million Hong Kong dollars in the same period in 2024. The expected increase in net profit is mainly due to an increase in gross profit, primarily from revenue recognized after the delivery of units in Phase 1 of the TIAN AN residential project in Shanghai, China in early 2025.