Fengsheng Holdings (00607) announced interim results. Shareholders should account for losses of 247 million yuan, an increase of 66.8% over the previous year

According to the Zhitong Finance App, Fengsheng Holdings (00607) announced its 2026 interim results, with revenue of 7.86 billion yuan, a year-on-year decrease of 23.4%; loss attributable to the company's equity shareholders was 247 million yuan, an increase of 66.8% over the previous year; and a basic loss of 0.388 yuan per share.

Losses generated during the review period were mainly due to the non-recurrent nature of one-time income from the sale of subsidiaries in the same period in 2025; an increase in net impairment loss provisions recognized in financial assets and financial guarantee agreements; and fair value losses on investment properties confirmed during the review period.