Jingneng Property narrows first-half loss to 154 million yuan

Earnings
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Jingneng Property released its 2026 interim report on August 28. First-half operating revenue was 595 million yuan, down 17.1 percent year on year, while the net loss attributable to the parent company narrowed to 154 million yuan from a loss of 200 million yuan in the same period last year. Second-quarter revenue was 249 million yuan, down 38.1 percent year on year, and the net loss attributable to the parent company narrowed to 79.26 million yuan from 93.25 million yuan a year earlier. As of the end of the second quarter, total assets stood at 15.677 billion yuan, down 3.9 percent from the end of last year, while net assets attributable to the parent company fell 12.0 percent to 1.302 billion yuan. The company said the real estate industry as a whole is bottoming out and adjusting, and changes in market demand and the policy environment are affecting operations. It is focusing on revitalising existing assets and reducing inventory while implementing a strategy to improve quality and efficiency.

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BEH Property Co Ltd
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Revenue down 17.1%, net loss narrowed but still significant, assets and net assets declined.