ST Palm announced that revenue for the first half of 2026 is expected to be 10-1.2 billion yuan, down from 1,625 billion yuan in the same period last year; net profit losses attributable to shareholders of listed companies were 22-270 million yuan, and losses of 273 million yuan for the same period last year. During the reporting period, although the company promoted project construction, strengthened management, reduced costs and increased efficiency, its operating performance was still losing money due to factors such as increased industry competition, no improvement in project gross margin, and high costs during the period.

ST Palm announced that revenue for the first half of 2026 is expected to be 10-1.2 billion yuan, down from 1,625 billion yuan in the same period last year; net profit losses attributable to shareholders of listed companies were 22-270 million yuan, and losses of 273 million yuan for the same period last year. During the reporting period, although the company promoted project construction, strengthened management, reduced costs and increased efficiency, its operating performance was still losing money due to factors such as increased industry competition, no improvement in project gross margin, and high costs during the period.