Rong An Property disclosed its earnings forecast, expecting a net loss attributable to shareholders of 88 million to 176 million yuan in the first half of 2026, compared with a profit of 36.4508 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 70.5 million to 141 million yuan, compared with a profit of 12.0096 million yuan in the same period last year. Basic earnings per share are expected to be between negative 0.0276 yuan and negative 0.0553 yuan. The company stated that the expected loss is mainly due to a decline in the number and profit of real estate project settlements, as well as asset impairment provisions for some projects.
Rongan Property Co LtdExpects a net loss of 88-176 million yuan in H1 2026 vs profit of 36.45 million yuan last year, due to lower settlements and asset impairments.