Tian Tu Capital Co., Ltd. Class H (HK:1973) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Tian Tu Capital Co., Ltd., a prominent private equity investor and fund manager in China’s consumer sector, reported a significant loss for the first half of 2024, with a net loss of RMB 742,217,000, far exceeding the previous year’s loss. Despite this, the company oversees assets under management (AUM) totaling RMB 21.1 billion, with institutional investors and high-net-worth individuals contributing the majority of the capital to its funds. The average internal rate of return for the funds stood at 8.1% as of June 30, 2024.
For further insights into HK:1973 stock, check out TipRanks’ Stock Analysis page.