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Tian An Australia Limited (ASX:TIA)

ALERT: Price-sensitive ASX Announcement for TIA
Current share price for TIA : $0.170 -0.165 (-49.25%)+
Announcement
Release
24 Feb 2026 7:13PM
Price at Release
$0.335
Full Release
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Summary
Tian An Australia Limited's full-year statutory accounts for the year ended 31 December 2025 report a significant statutory profit of $23.415 million, up from $733,000 in the previous year. The company's financial position shows net assets of $93.807 million, with substantial investments in financial assets and property. The report highlights a decrease in current liabilities, mainly due to reduced borrowings, while non-current liabilities remain consistent. The company's underlying profit improved to $10.611 million, driven by favorable fair value adjustments and efficient management of costs. The report also mentions strategic developments in residential projects across Australia, emphasizing the diversification of development sites. The directors have recognized deferred tax assets based on anticipated future profits. The group's financial statements are compliant with Australian Accounting Standards and were authorized for release by the directors.
Key Points
  • Statutory profit increased to $23.415 million.
  • Net assets reported at $93.807 million.
  • Reduction in current liabilities mainly due to lower borrowings.
  • Improved underlying profit of $10.611 million.
  • Strategic focus on residential development diversification.
  • Deferred tax assets recognized for future profits.
  • Compliance with Australian Accounting Standards.
  • Financial statements authorized by directors.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.