Jingtou Development disclosed its earnings forecast, expecting a net loss attributable to shareholders of 280 million to 330 million yuan in the first half of 2026, compared to a loss of 264 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 260 million to 310 million yuan, compared to a loss of 282 million yuan a year earlier. The company stated that overall operations remain stable, but the gross profit margin of real estate development projects is at a low level, and the gross profit amount fails to cover various period expenses, resulting in an operating loss for the current period. Based on the latest closing price, the price-to-book ratio is approximately negative 5.64 times, and the price-to-sales ratio is about 1.13 times.
Metro Investment Development Co LtdCompany expects a larger net loss of 280-330 million yuan in H1 2026 vs 264 million loss last year, with low gross profit margin failing to cover expenses.