Foton Co., Ltd. (08196) announced interim results. Shareholders should have accounted for a loss of 13.453 million yuan

According to the Zhitong Finance App, Futian Co., Ltd. (08196) announced its 2026 interim results, with revenue of 505.12 million yuan, an increase of 1.7% over the previous year; loss due to company owners was 13.453 million yuan, profit of 19.96 million yuan for the same period last year; basic loss per share was 0.246 yuan.

The losses for the period were mainly due to (i) the Group's existing construction projects in Vietnam were completed during the period, so the revenue from these projects decreased during the period; (ii) due to the launch of new property leasing and subleasing business in the second half of 2025, the overall number of employees increased, leading to an increase in certain costs and expenses such as salary expenses.