China's New Hope Service H1 profit falls 17%

New Hope Service Holdings

28/08/2026 05:16

Overview
China property management firm's H1 revenue rose 4.2% yr/yr to RMB771.1 mln
Net profit attributable to shareholders fell 17% yr/yr to RMB100.4 mln
Company declared interim dividend of HK$0.096 per share, down from HK$0.110 last year

Outlook
Company revised dividend policy to distribute at least 60% of annual net profit

Result Drivers
PROPERTY MANAGEMENT EXPANSION - Co said revenue growth was driven by increased property management services, particularly from third-party projects and higher GFA under management
LIFESTYLE AND COMMERCIAL SERVICES DECLINE - Co said revenue from lifestyle services and commercial operational services fell
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 771.10 mln
 
H1 Net Income Attributable
 
RMB 100.40 mln
 

Analyst Coverage
Wall Street's median 12-month price target for New Hope Service Holdings Ltd is HK$2.50, about 33% above its August 27 closing price of HK$1.88
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

Reuters Recommended Reads
Aug 25 - China's Poly Property Services H1 revenue rises 5.2% on property management services growth
Aug 27 - China's A-Living Smart City H1 profit falls on segment decline, project exits
Aug 27 - China's Powerlong Commercial Management interim revenue falls on weaker commercial operations

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-28/3c6d8e51-f25d-4830-bb46-6d6b5a0acbaf.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.)