CHINA SCE GROUP Posts Interim Loss of RMB 3.394 Billion in First Half
Stock News
Aug 27
CHINA SCE GROUP (01966) has released its interim results for the six months ended June 30, 2026, revealing a challenging financial performance amid ongoing market headwinds.
The company reported revenue of RMB 7.678 billion, marking a significant decline of 58.55% compared to the same period last year. The loss attributable to owners of the parent company reached RMB 3.394 billion, narrowing slightly by 2.46% year-over-year, while the loss per share stood at RMB 80.4 cents.
According to the official announcement, the substantial drop in revenue was primarily driven by reduced income from property sales, reflecting the continued softness in the real estate sector during the reporting period.
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