Tai Cheung's Profit Slides in Fiscal H1

MT Newswires Live
11/27

Tai Cheung (HKG:0088) saw a decline in attributable profit in the six months ended Sept. 30 to HK$25.8 million from HK$36.6 million in the year-ago period, a Thursday filing with the Hong Kong bourse said.

Earnings per share stood at HK$0.042 in the interim period, down from HK$0.059 in the corresponding period of the last fiscal year.

The real estate company's revenue jumped to HK$18.9 million in the half year from HK$11.8 million a year prior.

The firm declared an interim dividend of HK$0.12 per share, payable Jan. 7, 2026.

The company attributed the lower profit to a decline in interest income.

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