According to the Zhitong Finance App, R&F Real Estate (02777) announced interim results for the six months ended June 30, 2026. The group achieved a turnover of 7.098 billion yuan, an increase of 23.12% over the previous year; losses attributable to company owners were 5.268 billion yuan, an increase of 30.2% over the previous year; and a loss of 1.404 yuan per share.

In terms of the Group's performance in the first half of the year, agreed sales remained stable compared to the same period in 2025, increasing slightly to 7.35 billion yuan, with a total construction area of over 1.1 million square meters, a significant increase over the same period last year. Despite difficult market conditions, the Group's sales performance showed encouraging resilience, indicating that the Group has adopted a sustainable sales strategy to maintain the momentum of business development. Under current financial restrictions, it is reflected that the Group has reduced the amount of new projects started and focused on existing inventory to generate working capital. Until the industry situation improves, managing cash flow and financial liquidity is still the main goal. The acquisition of new land has largely stopped, while construction projects are limited to the funds available from pre-sale.

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