Powerlong Real Estate FY26 H1 loss attributable to owners narrows 77.7% to RMB 592 million; revenue falls 38.2% to RMB 8.18 billion

• Powerlong posted a 1H 2026 loss attributable to owners of RMB 592.27 million, narrowing 77.7% from a year earlier.
• Revenue fell 38.2% to RMB 8.18 billion, driven by a 45.3% drop in property sales revenue to RMB 5.85 billion.
• Gross profit slid to RMB 548.2 million, cutting gross margin by 8.6 percentage points to 6.7%.
• Fair value losses on investment properties widened to RMB 2.65 billion, while other income swung to a RMB 2.61 billion gain on debt restructuring.
• Contracted sales eased to RMB 3.42 billion on 332,199 sq.m.; net gearing improved to 107.7% as borrowings fell 9.6% to RMB 49.78 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Powerlong Real Estate Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12305137), on August 28, 2026, and is solely responsible for the information contained therein.