Nanjing Zhongbei Group Co Ltd

Nanjing Public Utilities released its 2026 interim report, with net profit attributable to the parent company of 82.4394 million yuan, up 163.53% from the same period last year. Total operating revenue was 3.679 billion yuan, up 28.33% year-on-year, marking three consecutive years of growth. Net cash inflow from operating activities was 540 million yuan. The latest asset-liability ratio was 51.70%, down 17.38 percentage points from the same period last year. Diluted earnings per share were 0.14 yuan, up 164.27% year-on-year.

Nanjing Public Utilities disclosed its 2026 interim report. In the first half, it achieved operating revenue of 3.679 billion yuan, up 28.33% year on year. Net profit attributable to shareholders of the listed company was 82.4394 million yuan, up 163.53% year on year. Basic earnings per share were 0.1435 yuan. The company said the volume of property projects delivered in the current period increased compared with the previous period, driving operating revenue higher.

Nanjing Public Utilities released an earnings forecast, estimating its first-half 2026 net profit attributable to the parent company at 75 million to 95 million yuan, representing a year-on-year increase of 139.75% to 203.68%. The company stated that the significant profit growth was mainly due to differences in the delivery schedules of real estate development projects, with the overall number of housing units delivered increasing compared to the same period last year. At the same time, the overall gross margin of projects settled in the current period was higher than that of the same period last year, further boosting operating profit.