Hefei Urban Construction Development Co Ltd

Hefei Urban Construction released its 2026 interim report, with net profit attributable to the parent company at negative 193 million yuan, swinging from profit to loss year on year. Total operating revenue was 3.353 billion yuan, down 28.36 percent from the same period last year. Net cash outflow from operating activities was 81.9226 million yuan, an increase of 827 million yuan compared with the same period last year. The company's latest asset-liability ratio was 70.48 percent, gross margin was 10.70 percent, return on equity was negative 3.35 percent, and diluted earnings per share was negative 0.24 yuan.