Longhu (00960) released an interim results forecast and is expected to achieve net profit of 1.8 billion yuan to 2.0 billion yuan

The Zhitong Finance App learned that on August 14, Longhu Group (00960) announced the 2026 interim results forecast.

According to the announcement, Longhu Group's net profit attributable to shareholders for the first half of 2026 is estimated to be between 1.8 billion yuan and 2.0 billion yuan, and profit after excluding the effects of changes in the fair value of investment properties and other derivative financial instruments is estimated to be between 50 million yuan and 100 million yuan.

In addition, Longhu Group also disclosed in the announcement that the operation and service business maintained steady growth in the first half of the year and continued to contribute stable cash flow and profits; at the same time, it continued to consolidate a safe financial market, and achieved positive operating cash flow including capital expenses in the first half of the year as a whole. The size of debt was steadily reduced, and the financing structure, financing costs, and contract loan period were further optimized.

Facing the future, Longhu Group stated in the announcement that it will strictly abide by the bottom line of financial security, reduce liabilities in an orderly and steady manner, and maintain positive operating cash flow; at the same time, actively promote the steady growth of operations and service businesses, and establish a solid foundation for high-quality development.