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.