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Tianjin Port Posts Marginal Profit Gain in H1 2024

Tianjin Port Posts Marginal Profit Gain in H1 2024

Tianjin Port Development Holdings (HK:3382) has released an update.

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Tianjin Port Development Holdings Limited has released an unaudited financial report for the first half of 2024, revealing a slight increase in net profit to RMB 900.94 million compared to RMB 898.89 million in the previous year. Despite higher revenues at RMB 5.92 billion, operating costs also rose, reaching RMB 5.06 billion. The company holds a majority stake of approximately 56.81% in Tianjin Port Co., which is listed on the Shanghai Stock Exchange.

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