Urban Construction Development disclosed its earnings forecast, expecting a net loss attributable to the parent of 54.81 million to 81.79 million yuan in the first half of 2026, compared with a profit of 608 million yuan in the same period last year. The company explained that due to the implementation of new financial instrument standards, the decline in the share price of trading financial assets affected the current operating results. At the same time, the company expects a net profit after deducting non-recurring items of 368 million to 549 million yuan. Based on the latest closing price, the company's price-to-book ratio is about 0.45 times, and the price-to-sales ratio is about 0.26 times.
Beijing Urban Construction Investment & Development Co LtdCompany expects net loss attributable to parent of 54.81-81.79 million yuan in H1 2026, vs profit of 608 million yuan last year, due to decline in share price of trading financial assets under new financial instrument standards.