Hongrun Construction Group Co Ltd

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Hongrun Construction's 2026 interim net profit was 112 million yuan, down 22.01% year-on-year

Hongrun Construction released its 2026 interim report, with net profit attributable to the parent company of 112 million yuan, a decrease of 22.01% compared with the same period last year. The company's total operating revenue was 2.475 billion yuan, down 13.77% year-on-year; net cash inflow from operating activities was 139 million yuan, achieving growth for two consecutive years. The latest asset-liability ratio was 65.23%, gross margin was 12.50%, ROE was 2.29%, and diluted earnings per share was 0.09 yuan.

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Hongrun Construction Wins Bid for Fuhai Avenue Expressway Phase I Construction Section II with Contract Value of 458 Million Yuan

Hongrun Construction has recently won the bid for the Fuhai Avenue Expressway Phase I project, specifically the Construction Section II from the South Ring Road East Extension to Hantian Line, and has formally signed a construction contract with the Ningbo Urban Infrastructure Development Center. The contract signing price is 458 million yuan, accounting for 7.97% of the company's audited operating revenue for 2025. The project adopts a general contracting model with a construction period of 960 calendar days, covering works including roads, bridges, and pipelines. The company stated that this contract is conducive to enhancing market competitiveness but will have no significant impact on its financial position for 2026 and beyond.

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