Jinbin Development disclosed its earnings forecast, expecting a net loss attributable to the parent company of 4.7 million to 7 million yuan in the first half of 2026, compared with a profit of 2.1616 million yuan in the same period last year. The net loss after deducting non-recurring items is also expected to be 4.7 million to 7 million yuan, versus a profit of 2.6994 million yuan a year earlier. Basic earnings per share are projected at negative 0.0029 yuan to negative 0.0043 yuan. The company said the main reason for the decline in performance is that there were no new projects available for settlement during the reporting period, leading to a decrease in settlement revenue from real estate projects compared with the same period last year.
Tianjin Jinbin DevelopmentExpects net loss of 4.7-7 million yuan in H1 2026 vs profit last year due to no new projects for settlement.