I Love My Family (000560.SZ) released results for the first three quarters, with net profit of 108 million yuan to the mother, an increase of 155.4% over the previous year

Zhitong Finance App News, I Love My Family (000560.SZ) released its report for the third quarter of 2026. The company achieved operating income of 7.11 billion yuan in the first three quarters, down 12.93% year on year; net profit attributable to shareholders of listed companies was 108 million yuan, up 155.4% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 139 million yuan, up 155.62% year on year; basic earnings per share were 0.0459 yuan.

From the beginning of the year to the end of the reporting period, the company's revenue declined, mainly due to the use of the “net amount method” for revenue recognition, a new product launched by the asset management business. The brokerage business in the company's core cities continued to grow steadily from the beginning of the year to the end of the reporting period, and the scale of housing management in the asset management business continued to rise. Among them, the cumulative sales volume of second-hand housing in core cities such as Beijing, Shanghai, and Hangzhou reached about 44,000 units, an increase of about 16.4% over the previous year. The asset management business managed properties reached 366,000 units, an increase of about 8.6% over the beginning of the year, and the growth of various businesses was higher than the market average.

The company's profit in the first three quarters increased significantly compared to the same period last year. The main reasons include: 1. Since this year, the company's second-hand housing turnover and market share in core cities have increased significantly; 2. Benefiting from the increase in second-hand housing transaction activity and transaction structure optimization during the year, the company's trading business commission rates have improved; 3. The company continued to adopt measures to control costs and expenses, and sales and management expenses were -4.21% and -9.86% respectively.