JINMAO SERVICES (00816) announced its interim results, with a profit attributable to the shareholders of the parent company of approximately 165 million yuan, a year-on-year decrease of 7.53%.

JINMAO SERVICES (00816) announced its interim results for 2026, with total revenue of approximately 1.887 billion yuan, an increase of about 5.8% year-on-year. Gross profit was approximately 346 million yuan, a decrease of about 13.9% year-on-year. Profit attributable to equity holders of the parent company was approximately 165 million yuan, a year-on-year decrease of 7.53%; earnings per share were 0.18 yuan, and the interim dividend was 0.107 HKD per share. For the first half of 2026, the gross profit margin was approximately 18.3%, down about 4.2 percentage points from approximately 22.5% for the six months ending June 30, 2025. This change was mainly due to (i) the impact of poor collection situations on project exits; (ii) increased investments in quality; (iii) changes in the market environment; and (iv) internal structural changes within business lines, with an increased proportion of low-margin businesses. As of June 30, 2026, the group's total managed construction area was approximately 95.1 million square meters, covering 62 cities across 24 provinces, municipalities, and autonomous regions in China. The company manages 636 property projects in China, including 428 residential communities and 208 non-residential properties.