According to the Zhitong Finance App, Jiulong Cang Group (00004) announced the results for the half year ended June 30, 2026, with revenue of HK$5.344 billion, a decrease of 6%; operating profit of HK$2.354 billion, a decrease of 11%; profit attributable to the company's shareholders of HK$48 million, a decrease of 91% year on year; and basic profit of HK$0.02 per share. The board of directors has decided to declare the first interim dividend of HK$0.20 per share and a special interim dividend of HK$0.20 per share to celebrate the company's 140th anniversary.
The first half of 2026 is still full of challenges, and the situation is further complicated by the conflict in the Middle East. At a time of turbulence in the global situation, Hong Kong, China is booming in stock trading and active IPO activities, further consolidating Hong Kong's position as a reliable safe haven for investment capital. The residential property market is also showing positive signs, driven by rising interest in market entry, with real growth in property prices and turnover. The Group's range of residential projects for sale is ready to take advantage of the momentum. The port business continues to face regional competitive pressure, and the Group is actively developing new businesses and is expected to launch in the second half of this year.
In mainland China, due to the weak real estate market, the market atmosphere is still sluggish, but first-tier cities are beginning to show signs of stabilization. Changes in consumption patterns and increased competition continue to put pressure on the Group's businesses. The strengthening of the RMB exchange rate provided a certain buffer for the Hong Kong dollar presentation.
Faced with these external factors, the Group adheres to the principles of prudent financial management and maintains a net cash position and a sound capital structure.