China's Huijing Holdings HY revenue falls on lower property deliveries

Huijing Holdings

28/08/2026 11:28

Overview
China property developer's interim revenue fell 84% yr/yr to RMB21.5 mln
Net loss attributable to owners narrowed 5.8% yr/yr to RMB226.5 mln
Company faces material uncertainties about going concern due to defaults and net liabilities

Outlook
Company says significant uncertainties exist regarding its ability to continue as a going concern
Huijing Holdings is focusing on accelerating property sales and cost reductions to improve liquidity
Company is actively seeking refinancing and renewal of borrowings to address financial obligations

Result Drivers
PROPERTY SALES DROP - Revenue from property sales fell 94% yr/yr due to lower recognised GFA sold and reduced average selling prices
HIGHER FINANCE COSTS - Company said finance costs increased mainly due to higher interest expenses on overdue borrowings
LOWER INVESTMENT LOSSES - Company said other expenses decreased mainly due to a decline in investment losses

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 21.50 mln
 
H1 Net Loss Attributable
 
RMB 226.50 mln
 

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-28/e57a896a-0502-4238-b0c1-45a581cb294c.file
(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.)