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Tianyu Real Estate (00059) announced its 2026 interim results. Shareholders should account for losses of 253 million yuan, an increase of 45.5% over the previous year
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According to the Zhitong Finance App, Tianyu Real Estate (00059) announced results for the six months ended June 30, 2026, with revenue of 51.073 million yuan, a year-on-year decrease of 1.2%; loss attributable to company owners was 253 million yuan, an increase of 45.5% over the previous year; and a basic loss of 0.030 yuan per share.

The increase in losses was mainly due to no one-time impairment losses due during the period (six months ending June 30, 2025: approximately RMB 101.7 million) due to the cancellation of consolidated accounts receivable from subsidiaries.

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