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Greentown China expects H1 net profit attributable to owners to fall to RMB 50 million-RMB 100 million

PUBT·08/09/2026 22:04:53
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Greentown China expects H1 net profit attributable to owners to fall to RMB 50 million-RMB 100 million
  • Greentown China forecast net profit attributable to owners for the six months ended June 30, 2026 at RMB 50 million to RMB 100 million, down from RMB 210 million.
  • Revenue expected to fall on lower recognized property area, lower average selling prices.
  • Gross margin pressured by accelerated destocking of long-term inventory amid a still-adjusting real estate market.
  • Additional drag from impairment provisions on certain assets.
  • Interest-bearing liabilities reduced; short-term debt below 25% of total debt, cash-to-short-term-debt ratio above 2x.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greentown China Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260810-12277998), on August 09, 2026, and is solely responsible for the information contained therein.