Risesun Real Estate Development disclosed an earnings forecast, expecting a net loss attributable to the parent of 950 million to 1.4 billion yuan in the first half of 2026, compared to a loss of 2.867 billion yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 1.8 billion to 2.25 billion yuan, compared to a loss of 2.734 billion yuan a year earlier. The company stated that the ongoing adjustment in the real estate market has led to a decline in carried-over revenue, while expenses such as interest payments remain relatively high, putting pressure on performance. At the same time, the company continues to advance debt resolution, with gains from debt resolution in non-recurring items expected to be 900 million to 1.1 billion yuan in the first half, significantly narrowing the net loss attributable to the parent year-on-year. In the second half, the company will focus on three core tasks: ensuring home deliveries, resolving debt, and stabilizing operations, while accelerating the industrialization of businesses such as property management, hotels, and commercial management.
Risesun Real Estate Development Co LtdOngoing real estate market adjustment leads to decline in carried-over revenue, causing net loss.