Times Neighbor (09928) has released its interim results for the 2026 fiscal year, reporting revenue of RMB 1.305 billion, an increase of 7.3% year-on-year. Profit attributable to owners of the parent company reached RMB 65.267 million, up 2.2%, with basic earnings per share standing at RMB 7 cents.

The property management services segment continues to serve as the group's primary revenue driver. For the six months ended June 30, 2026, revenue from this segment amounted to approximately RMB 863.4 million, accounting for roughly 66.2% of the group's total revenue.

The growth can be attributed to several key factors. Firstly, the group has actively expanded into third-party markets, with property management area sourced from external developers growing by 12.1% year-on-year. This contributed an additional RMB 73.6 million in property management service revenue, representing a 9.3% increase. Secondly, the group has continued to develop its asset management business, primarily focused on property brokerage services, while strategically reducing its low-margin home improvement operations. This combined effect led to a RMB 12.5 million decrease, or 9.9% decline, in community value-added service revenue. Thirdly, the group has been actively pursuing other professional services, particularly achieving solid and stable growth in industrial logistics property services, which boosted other professional service revenue by RMB 28.1 million, an increase of 9.4%.

During the period, the group intensified its business development initiatives, effectively driving both revenue and gross profit growth. Additionally, the combined impact of lower fair value gains from put options and reduced net impairment losses on financial assets and contract assets contributed to an overall rise in period profit.