Zhongtian Hunan Group (02433) announced interim results. The loss attributable to owners was about 857.56 million yuan, an increase of about 3.66 times over the previous year

According to the Zhitong Finance App, Zhongtian Hunan Group (02433) announced interim results, with revenue of about 321 million yuan, a year-on-year decrease of about 7.4%. The loss attributable to the company's owners was about 85.756 million yuan, an increase of about 3.66 times over the previous year; the loss per share was 14.89 points.

According to the announcement, the decrease in revenue was mainly due to a decrease in revenue from municipal engineering, foundation engineering, prefabricated steel structure engineering and other specialized contracted projects. These reductions were partially offset by increased revenue from civil construction projects, which remained the Group's main source of revenue during the period. The increase in losses was mainly due to a sharp increase in impairment losses on financial and contract assets, from about $24.3 million in the first half of 2025 to about $104 million in the first half of 2026.