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China New City FY26 H1 profit attributable to owners swings to RMB 92.72 million; gross profit rises 22.2% to RMB 94.24 million

PUBT·08/20/2026 14:24:26
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China New City FY26 H1 profit attributable to owners swings to RMB 92.72 million; gross profit rises 22.2% to RMB 94.24 million
  • China New City posted profit of RMB 88.19 million, swinging from a loss; EPS was RMB 5.03 cents.
  • Revenue was RMB 366.41 million, little changed; gross profit rose 22.2% to RMB 94.24 million.
  • Fair value gains on investment properties were RMB 264 million, versus a loss previously; finance costs increased to RMB 135.16 million.
  • Hotel operations revenue fell to RMB 79.21 million, due to a weaker market, lower occupancy to 59%, and softer catering income.
  • Property rental revenue edged up to RMB 65.13 million; the group expects policy focus to stay on inventory reduction in 2H 2026.


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. China New City Group Ltd. 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-20260820-12293312), on August 20, 2026, and is solely responsible for the information contained therein.