Huafa Industrial Shares released its 2026 interim report. First-half operating revenue was 19.03 billion yuan, down 50.2 percent year on year. Net loss attributable to the parent company was 3.65 billion yuan, down 2,225.7 percent year on year. Net operating cash flow was negative 864 million yuan, down 109.1 percent year on year. In the second quarter, operating revenue was 14.99 billion yuan, down 24.0 percent year on year, while the net loss attributable to the parent company widened from 18.58 million yuan a year earlier to 2.71 billion yuan. As of the end of the second quarter, total assets were 335.159 billion yuan, down 5.8 percent from the end of the previous year, and net assets attributable to the parent company were 5.896 billion yuan, down 37.6 percent from the end of the previous year. The company said the real estate industry faces considerable pressure, but core city markets are performing strongly, with Zhuhai standing out. At the same time, it is improving efficiency through strategies such as revitalizing existing assets, commercial operations and property services. First-half rental income was 380 million yuan, and property services revenue rose 8.6 percent year on year.
Huafa Industrial Co Ltd ZhuhaiFirst-half net loss of 3.65 billion yuan, down 2225.7% YoY, with negative operating cash flow.
Shenzhen Zhongheng Huafa Co Ltd Class A