Poly Developments and Holdings released its 2026 half-year performance flash report, achieving operating revenue of 102.897 billion yuan, down 11.95% year-on-year. Net profit attributable to shareholders of the listed company was 1.928 billion yuan, down 38.96% year-on-year. The decline in performance was mainly due to the impact of industry and market fluctuations, leading to a decrease in the scale of property project deliveries and the gross margin on those deliveries. The company's second-quarter net profit was 1.012 billion yuan, up 10% quarter-on-quarter.
Poly Real Estate Group Co LtdNet profit fell 38.96% year-on-year due to lower deliveries and margins.