TMM Real Estate Development Plc announced consolidated earnings results for the first half ended June 30, 2012. For the first half, the company announced revenue of $14,306,000 compared to $22,755,000 for the same period a year ago. Operating profit was $1,590,000 compared to operating loss of $2,324,000 for the same period a year ago.

Loss before tax was $2,618,000 compared to $11,312,000 for the same period a year ago. Loss for the year was $3,193,000 compared to $11,546,000 for the same period a year ago. Net debt at the end of the period was $142,792,000 compared to $130,536,000 for the same period a year ago.