China Merchants Shekou Industrial Zone HoldingsCompany expects first-half 2026 net profit to fall 55%-65% due to lower gross margin and investment income.

China Merchants Shekou Industrial Zone Holdings issued an announcement, expecting net profit attributable to the parent for the first half of 2026 to be approximately 500 million to 650 million yuan, a year-on-year decline of 55% to 65%. During the reporting period, the area of the company's real estate projects completed, delivered, and carried forward increased year-on-year, but the carried-forward gross margin of the real estate business declined year-on-year, the carried-forward gross profit decreased year-on-year, and the company's investment income decreased year-on-year. In the first quarter of 2026, China Merchants Shekou Industrial Zone Holdings achieved revenue of 23.667 billion yuan, with net profit attributable to the parent of 39.12 million yuan.
China Merchants Shekou Industrial Zone HoldingsCompany expects first-half 2026 net profit to fall 55%-65% due to lower gross margin and investment income.