Cinda Real Estate disclosed its semi-annual report on August 30. In the first half of 2026, the company achieved operating revenue of 1.283 billion yuan, down 27.85 percent year on year. Net loss attributable to shareholders of the listed company was 1.32 billion yuan, compared with a loss of 3.69 billion yuan in the same period last year, narrowing the loss year on year. During the reporting period, affected by the pace of project carry-over and other factors, the scale of delivered and carried-over real estate development projects was relatively small, operating revenue and gross margin were relatively low, and profit margins narrowed. Rigid expenses such as administrative expenses and interest expenses continued to be incurred.
Cinda Real Estate Co LtdFirst-half net loss of 1.32 billion yuan with revenue down 27.85% year on year on weak project carry-over and low gross margin.
