Jinyu Group (601992.SH) announced results for the first three quarters, with a net loss of 3,668 billion yuan to mother

According to Zhitong Finance App News, Jinyu Group (601992.SH) released its report for the third quarter of 2026. The company achieved operating income of 55.481 billion yuan in the first three quarters, a year-on-year decrease of 20.16%; net loss attributable to shareholders of listed companies of 3,668 billion yuan; net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss of 3,982 billion yuan; and basic earnings per share - 0.34 yuan.

In the first three quarters, due to downward factors in the building materials and real estate market, the company's two main businesses, new green and environmentally friendly building materials and real estate development and operation, were still under pressure. The company made every effort to develop the market. Sales of cement clinker fell slightly year-on-year, and comprehensive sales prices dropped significantly year-on-year. The company continued to promote cost reduction and efficiency efforts through fine management, but due to factors such as rising coal prices, the cost reduction was less than the price reduction; the real estate business accelerated inventory removal, and advance payments increased year-on-year due to insufficient market demand and price pressure in the current period. Fewer profit projects and lower gross profit. The above factors combined to affect the year-on-year decline in the company's efficiency.