ST Development released its 2026 interim report, with net profit attributable to the parent company at a loss of 50.2 million yuan, an increase of 45.76 million yuan compared with the same period last year. Total operating revenue was 64.14 million yuan, down 64.28 percent year on year. Net cash outflow from operating activities was 19.24 million yuan, up 119.67 percent year on year. The asset-liability ratio rose to 116.21 percent, gross margin fell to 1.73 percent, and diluted earnings per share was negative 0.05 yuan.
CASIN Real Estate Development Group Co LtdST Development reports net loss of 50.2 million yuan, revenue down 64.28%, and rising debt ratio.