China's Suntar Eco-City H1 revenue rises on growth in health supplements business
China's Suntar Eco-City H1 revenue rises on growth in health supplements business
Overview
China property developer's interim revenue for six months ended June 2026 grew 57% yr/yr
Company posted net loss after tax, reversing profit in prior yr period
Loss driven by higher cost of sales and lower profit from associates
Outlook
Company did not provide specific financial guidance or outlook in the provided document
Result Drivers
INCREASED REVENUE - Revenue increased by RMB 0.73 mln driven by bottled
water and health supplements businessesHIGHER COST OF SALES - Company said increased cost of sales contributed to net loss for the period
LOWER PROFIT FROM ASSOCIATES - Company said profit from associates fell sharply, weighing on results
Company press release: ID:nSNbK8gTB
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| RMB 2.02 mln |
|
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)
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