India, April 28 -- TDH Holdings, Inc. (PETZ), an owner, operator, and manager of commercial real estate properties, on Monday reported a net profit for the full-year 2024, due to increased revenue, improved investment income, and decreased operating expenses.
For the 12-month period to December 31, 2024, the company recorded a net income of $2.684 million, or $0.26 per share, compared with a net loss of $23.63 million, or $2.29 per share, registered for 2023.
Income before income tax provision stood at $1.925 million as against the prior year's loss of $8.382 million. Investment income was $3.811 million, compared with a loss of $2.644 million a year ago.
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