Times China Holdings Swings to Profit in First Half with Shareholders' Earnings of RMB 3.69 Billion

Stock News
Aug 28

Times China Holdings (01233) has released its interim results for the six months ended June 30, 2026, reporting a remarkable turnaround as the company swung to a profit attributable to shareholders during the period.

The group generated revenue of RMB 1.148 billion for the reporting period, a decrease of 49.37% compared to the previous year. Notably, profit attributable to owners of the company reached RMB 3.69 billion, marking a significant shift from a loss to a profit on a year-over-year basis. Basic earnings per share stood at RMB 0.89.

As of June 30, 2026, the group's investment property portfolio for leasing purposes included Times Properties Centre with a gross floor area of approximately 35,810 square meters along with 218 parking spaces, Chengdu Times Centre with approximately 30,490 square meters, and Phase II of Times E-PARK (Tianhe) with approximately 64,800 square meters. Additionally, Guangzhou Times Commercial Management Co., Ltd. and its subsidiaries held a sub-leasing gross floor area of approximately 735,600 square meters.

For the six-month period, rental income contributed RMB 311 million to the group's top line, accounting for 27.1% of total revenue.

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