Sunstone Development's 2026 interim net profit was 406 million yuan, down 22.37% year-on-year

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Sunstone Development released its 2026 interim report, with net profit attributable to the parent company of 406 million yuan, a decrease of 117 million yuan from the same period last year, down 22.37% year-on-year. The company's total operating revenue was 10.414 billion yuan, and net cash outflow from operating activities was 1.502 billion yuan, an increase of 1.145 billion yuan compared with the same period last year. The asset-liability ratio was 63.34%, up 1.26 percentage points year-on-year; gross margin was 12.21%, down 4.26 percentage points year-on-year; ROE was 6.71%, down 2.66 percentage points year-on-year. Diluted earnings per share was 0.82 yuan, down 21.90% year-on-year.

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