Redco Properties FY26 H1 loss widens to RMB 1.18 billion; revenue rises 31.7% to RMB 1.3 billion

• Redco Properties posted a net loss of RMB 1.18 billion for the six months ended June 30, 2026; loss per share was RMB 38.54 cents.
• Revenue rose 31.7% to RMB 1.3 billion, driven by higher delivered GFA; delivered area more than doubled to 146,525 sq.m.
• Loss attributable to owners widened to RMB 1.37 billion, while operating loss narrowed to RMB 263.45 million.
• Finance costs climbed to RMB 844.69 million as cash fell to RMB 107.74 million; net current liabilities totaled RMB 8.19 billion.
• Land bank edged down to 7.9 million sq.m.; no interim dividend was declared.

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. Redco Properties Group 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-20260828-12307142), on August 28, 2026, and is solely responsible for the information contained therein.