Tianjin Port Holdings reports mixed half-year results

Tianjin Port Holdings reported unaudited consolidated operating income of 6.18 billion yuan for the six months ended June 30, up from 5.92 billion yuan in the same period last year.

However, net profit declined to 742 million yuan from 901 million yuan year-on-year. Net profit attributable to shareholders fell to 503 million yuan from 616 million yuan, with earnings per share dropping to 0.17 yuan from 0.21 yuan.