Shanghai Pudong Road & Bridge Construction Co Ltd

Pudong Construction announced on September 17 that on September 16 the company hosted an online research session for all investors participating in its 2026 interim results briefing. The reception team included Chairman Zhao Weicheng, Director and General Manager Huang Wei, Independent Director Zhou Bo, Chief Financial Officer Li Lei, and Board Secretary Chen Dong. In response to investor questions, the company said that due to the overall slowdown in the construction market, market expansion is under pressure and new contract signings have declined. In the first half of 2026, the company signed new construction project contracts worth 4.528 billion yuan, new survey, design and consulting projects worth 37.5457 million yuan, completed operating revenue of 5.043 billion yuan, achieved total profit of 157 million yuan, and net profit attributable to the parent of 132 million yuan.

Pudong Construction released its 2026 interim report. Total operating revenue was 5.043 billion yuan, down 25.93% from the same period last year. Net profit attributable to the parent company was 132 million yuan, down 42.08% year-on-year. Net cash flow from operating activities was negative 2.144 billion yuan, a decrease of 745 million yuan compared with the same period last year. The company's latest asset-liability ratio was 73.11%, gross margin was 6.69%, return on equity was 1.65%, and diluted earnings per share was 0.14 yuan. The number of shareholders was 47,700, and the top ten shareholders held 42.53% of the total share capital.