Greenland Holdings (600606.SH) issued an advance loss. It is estimated that the net loss due to mother for half a year is 300 million yuan to 400 million yuan, which is a sharp narrowing

Zhitong Finance App News, Greenland Holdings (600606.SH) announced that the company expects to achieve a loss of 300 million yuan to 400 million yuan in net profit attributable to owners of the parent company in the first half year of 2026. Compared with the same period last year, losses have narrowed sharply.

It is expected that the company will still experience losses in the first half of 2026. The main reasons are: first, due to the continuous adjustment of the real estate market and the slowdown in infrastructure investment growth, the pace of progress of the company's ongoing projects fell short of expectations. The real estate carry-over area and infrastructure project output value declined year on year, and the company's real estate gross carry-over margin also declined year on year; second, as projects under construction were completed and delivered one after another, loan expenses that met the capitalization conditions were drastically reduced, leading to a corresponding increase in cost interest expenses.