China Aoyuan Group Limited issued a profit alert indicating that it expects to report a consolidated net loss of RMB 6.50 billion to RMB 6.80 billion for the six months ended 30 June 2026. The projected loss compares with a RMB 9.50 billion deficit recorded in the same period of 2025, implying a year-on-year reduction in losses of approximately 28%-32%.
Management attributes the anticipated improvement to three main factors: 1. Lower impairment provisions during the period. 2. Continued tight control of selling and administrative expenses amid ongoing organisational streamlining. 3. Recognition of exchange gains.
The figures are derived from unaudited management accounts and may be subject to change. China Aoyuan plans to release its full unaudited interim results in late August 2026.
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