Shanghai Industrial Urban Development FY26 H1 net loss narrows to HK$489.09 million; revenue falls 30.4% to HK$1.27 billion

• Shanghai Industrial Urban Development posted a net loss of HK$489.09 million, narrowing from HK$562.43 million a year earlier.
• Revenue fell 30.4% to HK$1.27 billion on lower sales delivered versus the prior-year period.
• Gross profit rose 25.9% to HK$339.74 million; gross margin widened 11.9 percentage points to 26.7%.
• Contract sales climbed 87.1% to RMB 1.29 billion; GFA sold rose 82.9% to 75,000 sq.m.
• Management expects a gradual lift in confidence in 2H 2026 as supportive policies continue and urban renewal initiatives progress.

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. Shanghai Industrial Urban Development 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-20260826-12300295), on August 26, 2026, and is solely responsible for the information contained therein.