Hong Kong – 28 August 2026 – New Hope Service Holdings Limited reported a 4.20% year-on-year rise in revenue to RMB 771.12 million for the six months ended 30 June 2026, driven mainly by expansion of its core property-management portfolio. However, weaker margins and higher operating costs weighed on profitability, with profit attributable to equity shareholders sliding 17.00% to RMB 100.35 million.

Revenue mix and segment trends • Property management services remained the largest contributor at RMB 503.97 million, up 7.90% and representing 65.40% of group turnover. • Lifestyle services fell 6.90% to RMB 164.54 million, reflecting lower commission from ancillary retail and a selective exit from loss-making catering projects. • Commercial operational services declined 8.30% to RMB 44.22 million on softer occupancy. • Value-added services to non-property owners rose 21.90% to RMB 58.39 million, aided by growth in on-site services and engineering renovation work.

Margins under pressure Group gross profit contracted 6.00% to RMB 219.65 million; gross margin narrowed 3.1 ppt to 28.5% as the higher-growth property-management segment—characterised by lower margins—took a larger share of revenue. Segment margins fell across most lines, notably commercial operational services (-8.7 ppt to 55.6%) and property management services (-2.2 ppt to 23.1%). Administrative expenses climbed 30.1% to RMB 79.87 million, partly on foreign-exchange losses, further compressing operating profit by 15.7% to RMB 128.37 million.

Operational scale and efficiency The portfolio expanded to 262 projects with 40.02 million sq m under management, up 5.3% year-on-year. Contracted projects rose 4.8% to 276, covering 43.46 million sq m. Revenue from independent third-party developers grew 20.90% and now contributes 42.60% of property-management turnover, versus 38.00% a year earlier. Gross floor area under management per employee increased 17.8% to about 11,500 sq m.

Cash flow and balance sheet Net cash generated from operations was RMB 20.64 million (H1 2025: RMB 21.04 million). Cash and cash equivalents stood at RMB 961.85 million, marginally higher than year-end 2025. The group reported no interest-bearing debt and maintained a current ratio of 2.4 times.

Dividend The board declared an interim dividend of HK$0.096 per share, down from HK$0.110 a year earlier, equating to a payout ratio of about 70% of interim earnings. The dividend will be paid on 30 October 2026 to shareholders on record as of 21 October 2026.

Capital deployment Since listing in May 2021, the company has deployed HK$700.12 million of the HK$790.00 million net IPO proceeds, leaving HK$89.88 million earmarked primarily for strategic acquisitions and information-system upgrades by end-2026.

Employee and cost dynamics Headcount fell to 3,476 from 3,904 a year earlier, yet staff costs edged up 3.3% to RMB 187.11 million, reflecting wage adjustments and recruitment for technology and service upgrades.

Management initiatives New Hope Service continues to prioritise high-quality growth in first- and second-tier cities, expand third-party contracts, and invest in digital platforms and lifestyle-service capabilities to reinforce its positioning as a leading integrated property-service provider in Western China.