Ocean Services (06677) gross profit increased 23% year-on-year in the first half of the year to about 200 million yuan gross margin to about 16%

According to Zhitong Finance App News, Ocean Services (06677) announced its 2026 interim results. Revenue was about 1,291 billion yuan, gross profit increased 23% year-on-year to about 200 million yuan, gross margin increased to about 16%, losses attributable to company owners narrowed sharply by 79% to 65.6 million yuan, and core net profit attributable to company owners was 81.4 million yuan.

As of June 30, 2026, the group managed a construction area of 84.5 million square meters. During the period, the group adjusted its strategic direction of expansion from “scale orientation” to “quality orientation”. During the period, 50 new external development projects were added, and a single-year contract amount of RMB 130 million was added, an increase of 76% over the previous year. At the same time, the company expanded 25 new cooperative customers, added a third party accounting for 76% of the management area, and further consolidated its independent outreach capabilities; the scope of project acquisition covered 22 cities, including 2 newly established cities, and its market reach continued to increase. In terms of implementation, external development resources were further concentrated in deep-cultivated cities. The proportion of newly signed projects in deeply cultivated cities reached 92%, and the density and synergy of regional layout increased markedly. In terms of business structure, while consolidating traditional areas of advantage, the company has achieved landmark breakthroughs in high-value business formats such as hospitals, commercial writing, and schools. Service boundaries have continued to be broadened, and the cyclical resistance and profit quality of the business portfolio have been further optimized.