Langfang Development Co Ltd

Langfang Development released its 2026 interim report, with net profit attributable to the parent company at 3.1182 million yuan, down 25.54% from the same period last year. Total operating revenue was 94.4192 million yuan, down 3.72% year-on-year. Net cash outflow from operating activities was 40.5011 million yuan, an increase of 16.5871 million yuan compared with the same period last year. The company's latest asset-liability ratio was 31.87%, down 9.45 percentage points from a year earlier. Gross margin was 34.43%, marking a fourth consecutive year of increase.