ZHONGAN GROUP (00672) announced its interim results, reporting a shareholder loss of 219 million yuan, marking a shift from profit to loss year-on-year.

ZHONGAN GROUP (00672) announced its interim results for the six months ended June 30, 2026, reporting revenue of RMB 1.611 billion, a decrease of 75.43% year-on-year; the loss attributable to equity holders of the parent company was RMB 219 million, a shift from profit to loss compared to the previous year; basic loss per share was 3.9 cents. The announcement stated that during the review period, revenue from property sales was approximately RMB 1.232 billion, a decline of about 80.0% compared to approximately RMB 6.16 billion for the same period in 2025. The decrease was mainly due to a significant reduction in the area of properties delivered during the review period compared to the same period last year. Revenue generated from property leasing was approximately RMB 65.1 million (same period in 2025: approximately RMB 64.9 million), an increase of about 0.4%. The Group's hotel operations recorded revenue of approximately RMB 79.2 million (same period in 2025: approximately RMB 99.2 million), a decrease of about 20.1%. The revenue from property management and other services was approximately RMB 235 million (same period in 2025: approximately RMB 235 million), a decrease of about 0.2%.