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Tian An Australia Limited Reports 390% Profit Surge

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Tian An Australia Limited Reports 390% Profit Surge

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Tian An Australia Limited ( (AU:TIA) ) has shared an update.

Tian An Australia Limited reported a significant increase in profit after tax attributable to shareholders, reaching $12,080,000, a 390% rise compared to the previous half-year period. Despite the substantial profit growth, no dividends were proposed or declared, and the net tangible assets per share increased from 73 cents to 88 cents, reflecting a stronger financial position.

More about Tian An Australia Limited

Tian An Australia Limited, along with its controlled entities, operates in the real estate industry. The company focuses on property development and investment, catering to the Australian market.

YTD Price Performance: -20.51%

Average Trading Volume: 1,935

Technical Sentiment Signal: Sell

Current Market Cap: A$13.42M

Learn more about TIA stock on TipRanks’ Stock Analysis page.

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