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Huafa Shares: Expected net loss of 3 billion to 4 billion yuan in the first half of 2026

K-LinePoet
Huafa Shares announced that it expects the net profit attributable to owners of the parent company for the first half of 2026 to be from -$4 billion to -$3 billion, and that compared with the same period last year, it will record a loss. Due to the ongoing adjustment of the real estate market, the scale of revenue recognized during the current period and the gross margin have declined. The company actively revitalizes existing assets to recover funds; after factoring in the combined impact of market changes and losses from large-scale transactions, it has made provisions for asset impairment losses.
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