Hongyang Real Estate (01996) announced interim results. Shareholders' share loss of 1,698 billion yuan decreased by 9.87% year-on-year

According to the Zhitong Finance App, Hongyang Real Estate (01996) announced results for the six months ended June 30, 2026, with revenue of 700 million yuan, a year-on-year decrease of 74.18%. Owners of the parent company should have accounted for losses of 1,698 billion yuan, a year-on-year decrease of 9.87%; loss per share was 51 points.

For the six months ended June 30, 2026, the Group achieved contract sales of approximately RMB 940 million, down 67.1% from RMB 2.87 billion in the same period last year.

As of June 30, 2026, the Group's total land reserve construction area was approximately 6.9748 million square meters, of which 2.105,600 square meters were completed, 1,034,900 square meters of leasable area for investment, and 3.834,300 square meters of properties under development.