CHINA NEWCITY (01321) released its interim results, with a profit attributable to shareholders of 92.723 million yuan.

CHINA NEWCITY (01321) announced its results for the six months ending June 30, 2026, with revenues of 366 million yuan, remaining flat year-on-year; the profit attributable to equity holders of the parent company was 92.723 million yuan, compared to a loss of 35.522 million yuan in the same period last year; basic earnings per share were 5.03 cents. The turnaround from loss to profit during this period was mainly due to a fair value gain of approximately 264 million yuan obtained from the revaluation of investment properties, while in the same period of 2025, the group experienced a fair value loss of approximately 8.6 million yuan on investment properties.