Nanjing Public Utilities released an earnings forecast, estimating its first-half 2026 net profit attributable to the parent company at 75 million to 95 million yuan, representing a year-on-year increase of 139.75% to 203.68%. The company stated that the significant profit growth was mainly due to differences in the delivery schedules of real estate development projects, with the overall number of housing units delivered increasing compared to the same period last year. At the same time, the overall gross margin of projects settled in the current period was higher than that of the same period last year, further boosting operating profit.
Nanjing Zhongbei Group Co LtdCompany's own earnings forecast shows 139.75%-203.68% net profit growth due to higher deliveries and margins.