New Hope Service Reports Interim Results with 17% Profit Dip

Stock News
Aug 28

New Hope Service (03658) has announced its interim results for the six months ended June 30, 2026. The group recorded revenue of RMB 771 million, reflecting a year-on-year increase of 4.23%. However, profit attributable to shareholders fell by 17.01% to RMB 100 million, with earnings per share of RMB 0.123. An interim dividend of HKD 0.096 per share has been declared.

In terms of business expansion during the reporting period, the group secured third-party project contracts totaling RMB 460 million, reaching 66.3% of its annual target. Contracted area stood at approximately 43.4 million square meters, up 4.8% year-on-year, while properties under management covered around 40 million square meters, representing a 5.3% increase.

On operational efficiency, the group achieved a per-capita management area of about 12,000 square meters, a year-on-year improvement of 17.8%. Per-capita revenue generation reached approximately RMB 222,000, up 16.7% from the prior year. The group continued to strengthen its professional capabilities, earning recognition as a "Top 15 Comprehensive Property Enterprise in China," "Top 15 Property Service Enterprise in China," "Model Enterprise for Quality Services in China," and "Leading Enterprise for High-End Property Services in China."

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