Jin Taifeng International Holdings (09689) announced interim results. Profit attributable to shareholders of 374.96 million yuan turned a year-on-year loss into a profit

According to the Zhitong Finance App, Jin Taifeng International Holdings (09689) announced the 2026 interim results. The group achieved revenue of 1,057 billion yuan, an increase of 168.97% over the previous year; profit for the period was 374.96 million yuan, while a loss of 5.3 million yuan was recorded in the same period last year; profit per share was 4 points.

According to the announcement, profit during the period was mainly due to the increase in gross profit and interest income on bank deposits during the period, and the cancellation of prepayments to the main contractor and assets under construction after suspending the project to increase the parking capacity of the Zengcheng Oil Depot, which was partially offset by increased distribution expenses and administrative expenses.