Longfor (00960) released its interim results forecast, expecting to achieve a net profit attributable to shareholders of 1.8 billion to 2.0 billion yuan.

On August 14, LONGFOR GROUP (00960) released its performance forecast for the first half of 2026. The announcement indicates that the net profit attributable to shareholders for the first half of 2026 is expected to be between 1.8 billion yuan and 2.0 billion yuan. After excluding the impact of fair value changes of investment properties and other derivative financial instruments, the core profit is expected to be between 50 million yuan and 100 million yuan. Additionally, LONGFOR GROUP disclosed in the announcement that its operations and services business has maintained steady growth in the first half of the year, continuously contributing stable cash flow and profits; they are also reinforcing a safe financial standing, having achieved positive operating cash flow, including capital expenditures in the first half of the year, while steadily reducing the scale of liabilities and further optimizing the financing structure, financing costs, and contract loan durations. Looking ahead, LONGFOR GROUP stated in the announcement that it will adhere to the financial safety bottom line, reduce liabilities in an orderly and steady manner, and maintain positive operating cash flow; at the same time, it will actively promote the steady growth of its operations and services business to solidify the foundation for high-quality development.