Financial Street: Net loss is expected to be between 80 million and 160 million yuan in the first half of 2026.

Financial Street announced that in the first half of 2026, the company is expected to incur a net loss attributable to shareholders of the listed company of 80-160 million yuan, compared to a loss of 1.008 billion yuan in the same period last year. The non-recurring net loss is expected to be between 130-210 million yuan, compared to a loss of 881 million yuan in the same period last year. The basic earnings per share are expected to be between a loss of 0.03-0.05 yuan per share, compared to a loss of 0.34 yuan per share in the same period last year. The company's performance is expected to be a loss, but the loss is reduced compared to the same period last year, mainly due to improved profitability of real estate development projects. However, a provision for inventory impairment of approximately 160 million yuan was made, and the fair value change of financial assets in the same period last year had a negative impact on net profit attributable to shareholders of approximately 130 million yuan, with no such items in the current period.