Hainan Development Holdings Nanhai Co LtdNet loss of 66.94 million yuan, though narrowed year-on-year, remains negative.

Hainan Development released its 2026 interim report, with net profit attributable to the parent company at negative 66.94 million yuan, an increase of 146 million yuan compared with the same period last year, narrowing the loss year-on-year. The company's total operating revenue was 1.556 billion yuan, and net cash flow from operating activities was negative 442 million yuan. The latest asset-liability ratio was 84.73%, and gross margin was 16.65%, up 7.66 percentage points from the same period last year, marking three consecutive years of growth. The latest return on equity was negative 12.59%, up 12.22 percentage points from the same period last year, with diluted earnings per share at negative 0.08 yuan.
Hainan Development Holdings Nanhai Co LtdNet loss of 66.94 million yuan, though narrowed year-on-year, remains negative.