CHINA HUIRONG (01290) released its interim results, with profit attributable to shareholders at 23.17 million yuan, a decrease of 29% year-on-year.
China Huirong (01290) announced its interim results for the six months ended June 30, 2026, with the group achieving revenue of RMB 282 million, a year-on-year decrease of 19%; the profit attributable to equity owners of the company was RMB 23.17 million, representing a year-on-year decrease of 29%; basic earnings per share were RMB 0.0241.
CHINA HUIRONG (01290) announced its interim results for the six months ended June 30, 2026, reporting operating revenue of RMB 282 million, a decrease of 19% year-on-year; profit attributable to equity holders of the company was RMB 23.17 million, a decrease of 29% year-on-year; basic earnings per share were RMB 0.0241.
The announcement stated that the decrease in revenue was mainly due to the combined impact of external factors such as adjustments in the macroeconomic environment, fluctuations in the real estate industry, and changes in credit policies. The company's debt-related businesses, represented by real estate mortgage loans, have shrunk, leading to a decline in interest income.
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