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Yatai Group announced that net profit attributable to owners of the parent company is expected to be around 500 million yuan for the first half year of 2026, and net profit after deducting non-recurring profit and loss is estimated to be around -540 million yuan. Net profit attributable to owners of the parent company for the same period in 2025 was -823 million yuan, after deducting non-net profit of -841 million yuan. The pre-loss in performance was mainly due to the continued slump in the building materials market during the reporting period, rising procurement prices of raw coal, intense industry competition, year-on-year decline in sales prices and sales of building materials products, and continued losses in the building materials industry; at the same time, deep adjustments in the real estate industry, insufficient market demand, a sharp drop in commercial housing sales volume and prices, narrowing gross profit space, and continuous rigid operating costs led to losses in the real estate industry.
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Yatai Group announced that net profit attributable to owners of the parent company is expected to be around 500 million yuan for the first half year of 2026, and net profit after deducting non-recurring profit and loss is estimated to be around -540 million yuan. Net profit attributable to owners of the parent company for the same period in 2025 was -823 million yuan, after deducting non-net profit of -841 million yuan. The pre-loss in performance was mainly due to the continued slump in the building materials market during the reporting period, rising procurement prices of raw coal, intense industry competition, year-on-year decline in sales prices and sales of building materials products, and continued losses in the building materials industry; at the same time, deep adjustments in the real estate industry, insufficient market demand, a sharp drop in commercial housing sales volume and prices, narrowing gross profit space, and continuous rigid operating costs led to losses in the real estate industry.
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