Deluxe Family Co Ltd

Deluxe Family disclosed its 2026 semi-annual report on August 29. In the first half, it achieved total operating revenue of 145 million yuan, up 4.82% year on year. Net loss attributable to the parent company was 15.8888 million yuan, compared with a loss of 10.4124 million yuan in the same period last year. Net loss after deducting non-recurring items was 17.3139 million yuan, compared with a loss of 11.5122 million yuan a year earlier. Net cash flow from operating activities was 55.6895 million yuan, compared with negative 70.5967 million yuan in the prior-year period. Basic loss per share was 0.0099 yuan, and the weighted average return on equity was negative 0.46 percent. The company's main business is real estate development. As of the end of the first half, the book value of inventory was 2.381 billion yuan, accounting for 69.21 percent of net assets.

Deluxe Family disclosed its earnings forecast, expecting a net loss attributable to shareholders of 13.5 million to 19.8 million yuan in the first half of 2026, compared with a loss of 10.4124 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 14.5 million to 21.5 million yuan, compared with a loss of 11.5122 million yuan a year earlier. The company stated that due to the overall downturn in the real estate industry and factors such as the market environment in the project's region, product gross margins have declined significantly. Although sales and management expenses have decreased, gross profit is still insufficient to fully cover related taxes and period expenses, resulting in a wider net loss compared with the same period last year.