R&F PROPERTIES (02777) announced its interim results, with a loss attributable to shareholders of 5.268 billion yuan, an increase of 30.2% year-on-year.

R&F PROPERTIES (02777) announced its interim results for the six months ended June 30, 2026, reporting revenue of 7.098 billion yuan, an increase of 23.12% year-on-year; the loss attributable to shareholders was 5.268 billion yuan, an increase of 30.2% year-on-year; the loss per share was 1.404 yuan. In terms of the Group's performance in the first half of the year, the contracted sales remained stable compared to the same period in 2025, slightly increasing to 7.35 billion yuan, with a total gross floor area exceeding 1.1 million square meters, a significant increase compared to the same period last year. Despite challenging market conditions, the resilience demonstrated by the Group's sales performance is encouraging, indicating that the Group has adopted a sustainable sales strategy to maintain business development momentum. Under the current financial constraints, this reflects the Group's reduction in the number of new project commencements, focusing instead on existing inventory to generate working capital. Managing cash flow and financial liquidity remains a key objective until industry conditions improve. New land acquisitions have basically ceased, and ongoing projects are limited to funds available from pre-sales.