KWG Living FY26 H1 net loss narrows 44% to RMB 155 million; revenue falls 5.3% to RMB 1.57 billion

• Kwg Living posted a net loss of RMB 155.03 million, narrowing 44% from a year earlier.
• Revenue fell 5.3% to RMB 1.57 billion, with non-residential services down 9.1% to RMB 749.37 million.
• Gross profit dropped 16% to RMB 351.69 million, cutting gross margin by 2.9 percentage points to 22.4%.
• Impairment charges included RMB 194.19 million on trade receivables, reflecting slower collections amid China’s property downturn.
• Management said third-party revenue rose to 92% of total, with Greater Bay Area and Yangtze River Delta contributing 63.8% combined.

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. Kwg Living Group Holdings 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-20260828-12304451), on August 28, 2026, and is solely responsible for the information contained therein.