China's Desun Real Estate H1 revenue rises 9.9% on property services expansion

Desun Real Estate Investment Services

28/08/2026 15:27

Overview
China real estate services group's half-year revenue rose 9.9% yr/yr to RMB250.5 mln
Gross profit and margin declined, with gross profit down 13.4% yr/yr
Company reported net loss after tax of RMB9.7 mln, versus net profit a year earlier

Outlook
Company did not provide specific financial guidance or outlook for future periods in the press release

Result Drivers
PROPERTY-SERVICES EXPANSION – Property-services revenue rose 9.3% as managed GFA increased to 12.40 mln sq.m. from 11.37 mln sq.m.
DIVERSIFIED-BUSINESS GROWTH – Asset-operation revenue rose 7.3% on business-scale expansion, while investment and development grew 47.2%, led by construction management and home furnishing

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 250.5 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)