TDH Holdings, Inc. (PETZ), a China-based enterprise focused on owning, operating, and managing commercial real estate properties, announced a net profit of $1.32 million for the first half of 2024, equating to earnings per share (EPS) of $0.13. This marks a substantial increase from the net income of $0.06 million, or $0.01 per share, reported during the same period in the previous year. Revenue from ongoing operations surged to $0.10 million in the first half of 2024, representing a remarkable growth of 13,399.98%.
As of June 30, 2024, the company held cash and cash equivalents amounting to $12.91 million, slightly down from $13.13 million recorded on December 31, 2023, reflecting the results from ongoing business activities.
