China Xincheng (01321) Fa Yingxi expects net profit attributable to shareholders for the medium term to be about 92.7 million yuan, turning a year-on-year loss into a profit

According to Zhitong Finance App, China Xincheng (01321) announced that the Group expects to obtain a net profit of about RMB 92.7 million for the six months ending June 30, 2026 (the period 2026), while for the six months ending June 30, 2025 (the period 2025), it will obtain a net loss attributable to the owner of the parent company of about RMB 35.5 million.

The expected change in loss to profit in the 2026 period is mainly due to the Group's estimated fair value income of about RMB 264 million from the revaluation of investment properties in 2026, while the fair value loss of the Group's investment properties was approximately RMB 8.6 million during the 2025 period.