TIAN AN (00028) released its interim performance results, reporting a shareholder loss of HKD 446 million, a turnaround from profit to loss compared to the same period last year.

TIAN AN (00028) announced its interim results for the six months ended June 30, 2026, reporting a revenue of HKD 1.671 billion, a decrease of 80.73% year-on-year; the loss attributable to shareholders was HKD 446 million, compared to a profit of HKD 2.345 billion in the same period last year; the loss per share was HKD 0.3042. The announcement stated that the main reasons for the decline in financial performance during this period include: a significant reduction in revenue recognition due to the absence of any major real estate development projects delivered to clients; increased losses from joint ventures and losses from associated companies, whereas there were profits in the previous period; and ongoing revaluation losses of investment properties.