China Tianbao Group (01427) announced interim results, net loss of 64.728 million yuan, a year-on-year increase of 73.56%

According to the Zhitong Finance App, China Tianbao Group (01427) announced its 2026 interim results, with revenue of about 369 million yuan, a year-on-year decrease of 55.44%; a net loss of 64.728 million yuan, an increase of 73.56% over the previous year; and a loss of 0.074 yuan per share.

According to the announcement, the decrease in revenue was mainly due to (i) a decrease in the number of construction contracts undertaken by the Group; and (ii) a decrease in the average unit sales price of buildings during the reporting period.