CH TIANBAO GP (01427) has announced its financial results for the first half of 2026, revealing a revenue of approximately 368 million yuan, which marks a significant decline of 55.44% compared to the same period last year. The company also reported a net loss of 64.728 million yuan, representing a substantial increase of 73.56% from the previous year, translating to a loss per share of 0.074 yuan.
The company attributed the revenue decrease primarily to two key factors during the reporting period. Firstly, there was a reduction in the number of construction contracts undertaken by the group, and secondly, the average selling price of buildings experienced a decline.