China Merchants Shekou Industrial Zone HoldingsCompany forecasts first-half net profit down 55-65% year-on-year due to lower gross margin and investment income.

China Merchants Shekou has issued its 2026 half-year performance forecast, estimating net profit attributable to shareholders of the listed company for the first half at 500 million to 650 million yuan, a decline of 55% to 65% from the 1.448 billion yuan recorded in the same period last year. Net profit after deducting non-recurring gains and losses is expected to be 50 million to 70 million yuan, down 93% to 95% year-on-year. The company stated that the profit decline was mainly due to a year-on-year drop in the gross margin of property development carryovers, leading to a reduction in carried-over gross profit, as well as a year-on-year decrease in investment income. On the same day, the company disclosed its 2025 profit distribution plan, proposing to distribute a cash dividend of 0.5110 yuan per 10 shares to all shareholders, based on a total share capital of 9,016,032,171 shares.
China Merchants Shekou Industrial Zone HoldingsCompany forecasts first-half net profit down 55-65% year-on-year due to lower gross margin and investment income.