TIAN AN (00028.HK): Expects H1 Loss of up to HKD 500 Million, Reversing from Profit

NewTimeSpace · 2026/08/13 18:33 · By Jiayi Sun

NewTimeSpace News: On 13 August 2026, TIAN AN (00028.HK) issued a profit warning, expecting a loss attributable to shareholders of no more than HKD 500 million for the six months ended 30 June 2026, versus a profit of approximately HKD 2,344.8 million in the prior-year period, weighed by lower gross profit, reduced revenue recognition and weak property sales amid the subdued mainland property market.

NewTimeSpace News: On 13 August 2026, Tian An China Investments Company Limited (stock code: 00028) issued a profit warning. Based on currently available information and a preliminary review and assessment of the latest unaudited consolidated management accounts for the six months ended 30 June 2026, the Company expects to record a loss attributable to shareholders of no more than HKD 500 million for the period, compared with a profit attributable to shareholders of approximately HKD 2,344.8 million for the six months ended 30 June 2025.

The announcement attributed the significant decline mainly to lower gross profit and share of results from joint ventures, reduced revenue recognition as no major property development projects were delivered to customers by the Group and its joint ventures during the period, and weaker property sales at the Group and its joint ventures amid the subdued mainland property market.

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TIAN AN 00028.HK Profit Warning