- Times China's financial performance in 1H 2020 was disappointing, with its revenue and adjusted net profit down by -6% and -9%, respectively.
- Times China's earnings growth is likely to slow considerably in FY 2020 as compared to FY 2019, but the company's urban redevelopment business remains a key medium-term growth driver.
- Times China trades at 2.9 times consensus forward FY 2021 P/E and 1.18 times P/B, and it offers a consensus forward FY 2021 dividend yield of 10.6%.
For further details see:
Times China: 1H 2020 Earnings Disappointed On Gross Margin Contraction