Beijing Dalong Weiye Real Estate Development Co LtdExpects net loss to widen to 25-37 million yuan in H1 2026 from 10.8 million yuan a year earlier, with declines in sales revenue and project margins.

Dalong Real Estate disclosed an earnings forecast, expecting a net loss attributable to the parent of 25 million to 37 million yuan in the first half of 2026, compared with a loss of 10.7568 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 23 million to 34 million yuan, compared with a loss of 12.26 million yuan a year earlier. The company stated that the real estate segment was affected by the market environment, with declines in sales revenue and project settlement margins, while the construction segment had limited revenue scale from new and existing projects, resulting in low total gross profit. Based on the latest closing price, the company's price-to-book ratio is about 1.3 times, and its price-to-sales ratio is about 3.4 times.
Beijing Dalong Weiye Real Estate Development Co LtdExpects net loss to widen to 25-37 million yuan in H1 2026 from 10.8 million yuan a year earlier, with declines in sales revenue and project margins.