Landsea Life (01965) has announced that the group expects to record a net profit attributable to equity holders of the company of no less than RMB 5 million for the first half of 2026.

This marks a turnaround from the same period in 2025, when the company posted a net loss attributable to equity holders of approximately RMB 1.7 million. The anticipated swing to profitability is primarily attributed to a reduction in the provision for impairment losses on trade receivables and other receivables under the expected credit loss model during the period.