Cinda Real Estate (600657.SH) issued a forecast loss. The net loss for the first half year is estimated to be 1.2 billion yuan to 1.42 billion yuan

According to the Zhitong Finance App, Cinda Real Estate (600657.SH) announced that the company expects to achieve a loss of 1.2 billion yuan to 1.42 billion yuan in net profit attributable to owners of the parent company in the first half of 2026, which will result in losses.

During the reporting period, the company's business situation was stable, and the overall situation was stable and controllable. The main reasons for the loss in the current period's results were: due to the pace of project carry-over, etc., the delivery and carry-over scale of real estate development projects in the current period was small, operating income and gross margin levels were low, profit margins were narrowed; rigid expenses such as management expenses and interest expenses continued to occur.