Tiandi Science & Technology reports profit jump despite revenue dip in H1 2025

Tiandi Science & Technology Co., Ltd. announced its unaudited 2025 interim results, reporting a 35.74% increase in net profit attributable to shareholders, reaching 2.08 bn yuan. However, the company experienced a 5.18% decrease in operating revenue, which stood at 14.12 bn yuan. Basic earnings per share rose to 0.503 yuan from 0.370 yuan in the prior year.

The company's total assets grew slightly by 0.51% to 57.56 bn yuan, while net assets attributable to shareholders increased by 3.29% to 25.23 bn yuan. The profit increase was largely driven by a substantial rise in investment income to 2.80 bn yuan, up from 98.96m yuan, partly due to the transfer of equity in Qin'nan Energy. Non-recurring gains and losses significantly impacted the results, contributing 1.03 bn yuan to the net profit.

Operating cash flow remained negative, widening to -3.80 bn yuan from -2.01 bn yuan. The company also announced that the 2024 annual profit distribution will be 13.12 bn yuan (including tax), representing 50.04% of the consolidated net profit attributable to shareholders for 2024.