Guangzhou Development released its 2026 interim report. Total operating revenue was 25.487 billion yuan, up 9.23% year-on-year, while net profit attributable to the parent company was 946 million yuan, down 42.15% year-on-year. Net cash inflow from operating activities was 2.162 billion yuan, down 16.51% year-on-year. The company's asset-liability ratio was 64.54%, gross margin was 7.26%, ROE was 3.48%, and diluted earnings per share was 0.27 yuan. The number of shareholders was 55,800, and the top ten shareholders held 77.79% of total share capital.
Guangzhou Development Group IncNet profit fell 42.15% year-on-year despite revenue growth, indicating margin compression and lower profitability.
