According to the Zhitong Finance App, Baoye Group (02355.HK) announced that (i) for the six months ended June 30, 2026 (period), the loss attributable to the company's owners was approximately RMB 65 million to RMB 75 million, and the profit attributable to the company's owners for the same period in 2025 was approximately RMB 141 million, which is expected to decrease by about 146% to 153%; (ii) during the period, the Group achieved a turnover of approximately RMB 7 to 8 billion yuan, and is expected to decrease by about 5% to 17%. The expected decline is mainly due to the decline in the Group's construction business due to the downturn in the industry. During the period, the confirmed gross margin of real estate development project delivery decreased significantly compared to the same period last year. Furthermore, the company calculated a certain amount of asset impairment losses.

According to the Zhitong Finance App, Baoye Group (02355.HK) announced that (i) for the six months ended June 30, 2026 (period), the loss attributable to the company's owners was approximately RMB 65 million to RMB 75 million, and the profit attributable to the company's owners for the same period in 2025 was approximately RMB 141 million, which is expected to decrease by about 146% to 153%; (ii) during the period, the Group achieved a turnover of approximately RMB 7 to 8 billion yuan, and is expected to decrease by about 5% to 17%. The expected decline is mainly due to the decline in the Group's construction business due to the downturn in the industry. During the period, the confirmed gross margin of real estate development project delivery decreased significantly compared to the same period last year. Furthermore, the company calculated a certain amount of asset impairment losses.