Yingjun (00041) announced interim results. Core profit attributable to shareholders of HK$512 million decreased by 14.3% year-on-year

Zhitongcaijing · 1d ago

According to the Zhitong Finance App, Yingjun (00041) announced the 2026 interim results. The group achieved total revenue of HK$3,573 million, a decrease of 10.7% year on year; core profit attributable to equity holders of HK$512 million, a decrease of 14.3% year on year; core profit of HK$0.68 per share; and an interim dividend of HK$0.37 per share.

The announcement stated that during the reporting period, the Group participated in two new joint venture development projects mainly for residential purposes. The first project is located in Rainbow District. The site was successfully bid for through a government tender in January 2026. The second project is the development right for “Kam Sheung Road Station Phase II Property Development”, which was successfully obtained through a tender by the Hong Kong Railway Company Limited (MTR Corporation) in April 2026. All of the Group's existing joint ventures are progressing according to plan. Furthermore, the Group holds only a minority interest in the above joint ventures. In terms of residential property portfolios (residential property portfolios), the Group has purchased 176 residential units located in high-quality locations in the primary and second-hand markets, and plans to hold them as long-term investments. In terms of hotels, the Group's global hotel business (including Hong Kong) saw a profit increase of more than 13%. The Group continued to expand its business footprint of Yifeng Ying'nFlo in mainland China and opened a new branch in Qingdao in June 2026, bringing the number of branches in operation during the reporting period to four. In addition, another branch in Changsha was put into operation in late July 2026.