Overseas Chinese Town A released its 2026 interim report. First-half operating revenue was 13.03 billion yuan, up 15.1 percent year on year, but net profit attributable to the parent swung to a loss of 3.49 billion yuan, compared with a loss of 2.87 billion yuan in the same period last year. Net profit attributable to the parent after deducting non-recurring items was a loss of 3.48 billion yuan, compared with a loss of 2.92 billion yuan a year earlier. Net operating cash flow was negative 2.058 billion yuan, down 180.5 percent year on year. Second-quarter operating revenue was 8.99 billion yuan, up 50.9 percent year on year, while net profit attributable to the parent was a loss of 2.12 billion yuan, compared with a loss of 1.45 billion yuan a year earlier. As of the end of the second quarter, the company's total assets stood at 262.881 billion yuan, down 6.2 percent from the end of the previous year, and net assets attributable to the parent were 34.949 billion yuan, down 9.7 percent from the end of the previous year. The company said its tourism and integrated business is actively developing diversified formats, while its real estate business is focusing on core cities, with sales performance of multiple projects ranking among the top in their regional markets.
Shenzhen Overseas Chinese Town Co LtdFirst-half net loss widened to 3.49 billion yuan and operating cash flow turned sharply negative, with net assets down 9.7%.
