Tianbao Infrastructure released its 2026 interim report. First-half net profit attributable to the parent was 53.89 million yuan, down 54.4% year on year. Operating revenue was 1.789 billion yuan, up 268.1% year on year. Net profit attributable to the parent after deducting non-recurring items was 51.66 million yuan, down 51.5% year on year. Net operating cash flow was 91.66 million yuan, up 108.2% year on year. Earnings per share were 0.0486 yuan. In the second quarter, operating revenue was 301 million yuan, down 4.9% year on year, and net profit attributable to the parent showed a loss of 10.04 million yuan, down 156.6% year on year. As of the end of the second quarter, total assets were 14.223 billion yuan, down 4.4% from the end of the previous year. Net assets attributable to the parent were 5.489 billion yuan, up 0.8% from the end of the previous year. The company's main businesses include real estate development, property leasing, and property management, with projects under construction and for sale concentrated in Tianjin Binhai New Area.
Tianjin Tianbao Infrastructure Co LtdFirst-half net profit down 54.4% year on year, with Q2 net loss.
