China's Gemdale Properties half-year revenue falls 83%

Gemdale Properties and Investment

25/08/2026 13:44

Overview
China property developer's half-year revenue fell 83% yr/yr to RMB 1.12 bln
Net loss attributable to owners widened yr/yr
Loss per share increased to RMB 0.0672 from RMB 0.0607

Outlook
Company did not provide specific guidance or outlook for future periods

Result Drivers
MAINLAND CHINA PROPERTY SLUMP – Revenue fell 83% to RMB1.122 bln as weak purchasing power sharply reduced property-delivery sales

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 1.12 bln
 

Analyst Coverage
The stock recently traded at 0 times the next 12-month earnings vs. a P/E of 0 three months ago

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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.)