Tianjin Construction Development Group forecasts RMB46-51 million loss for FY2025

Reuters03-11 21:34

Tianjin Construction Development Group forecasts RMB46-51 million loss for FY2025

Tianjin Construction Development expects a loss attributable to equity shareholders of RMB46 million to RMB51 million for the year ended 31 December 2025, versus a profit of about RMB21.8 million a year earlier. The company cited slower construction industry development and intensified competition in Tianjin as factors behind lower revenue. It also pointed to impairment losses on trade receivables, contract assets and other receivables. The company said the impairment was linked to slower trade receivables collection and a slow contract asset billing process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tianjin Construction Development Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260311-12048846), on March 11, 2026, and is solely responsible for the information contained therein.

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