China's JY Grandmark H1 revenue falls 71%, net loss widens on lower property deliveries

JY Grandmark Holdings

27/08/2026 15:22

Overview
China property developer's H1 revenue fell 71% yr/yr amid weak market demand
Net loss attributable to owners widened to RMB206.8 mln for the half-year period
Company faces significant liquidity pressure with overdue borrowings and ongoing debt restructuring talks

Outlook
Company did not provide specific financial guidance or forecasts for the current or future periods in the press release
Result Drivers
LOWER PROPERTY DELIVERIES – Property-development revenue fell 75.0% to RMB97.0 mln as delivered GFA declined, partly offset by higher average selling prices
WEAK DEMAND - Co attributed weak sales recovery to high inventory, sluggish demand, and slow restoration of homebuyer confidence in non-core regions

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 124.2 mln
 
H1 Net Loss Attributable
 
RMB 206.8 mln
 

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-27/4d9c3e19-ddbc-4011-977c-9775c75c7eaf.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.)