Times Neighborhood (09928) announced interim results. Profit attributable to shareholders was 65.267 million yuan, an increase of 2.2% over the previous year

According to the Zhitong Finance App, Times Neighborhood (09928) announced its 2026 interim results, with revenue of 1,305 billion yuan, up 7.3% year on year; profit attributable to parent company owners was 65.267 million yuan, up 2.2% year on year; basic profit per share was 7 points.

The property management services sector remains the Group's largest source of revenue. In the six months ended June 30, 2026, the Group's property management service revenue reached approximately RMB 863.4 million, accounting for about 66.2% of the Group's total revenue. The main reasons for the increase are as follows: (i) the Group's active expansion of the third-party market is due to a 12.1% year-on-year increase in the property management area of third party developers, increasing overall property management service revenue by about RMB 73.6 million, an increase of about 9.3%; (ii) the Group continues to actively carry out asset management business (mainly housing brokerage business), while strategically reducing the low-profit Meiju business. The combined impact of the combined impact of community value-added service revenue decreased by RMB 12.5 million over the same period last year, a decrease of about 9.9%; (iii) The Group actively developed others Professional services business. Among them, revenue from industrial logistics real estate services achieved good and steady growth, resulting in a year-on-year increase of RMB 28.1 million, or about 9.4%.

The Group increased its business development activities during the period to effectively drive revenue and gross profit growth. At the same time, fair value earnings from put options and net impairment losses on financial assets and contract assets declined year-on-year during the period, which combined to increase profits during the period.