STARJOY W&T Posts Interim Results with 16.51% Dip in Net Profit

Stock News

Aug 27

STARJOY W&T (03662) has announced its interim results for the six months ended June 30, 2026, reporting a revenue of RMB 579 million, marking a 5.17% decrease year-on-year.

The company's profit attributable to shareholders stood at RMB 20.869 million, reflecting a 16.51% decline compared to the previous period, with basic earnings per share at 2.87 cents. Additionally, the board has proposed an interim dividend of RMB 0.0072 per share.

According to the company's announcement, revenue from property management services saw a reduction of approximately 4.4%, with basic property management service revenue falling by around 2.7% and other revenue streams decreasing by about 13.3%. This decline is primarily attributed to the group's strategic exit from certain high-operational-risk projects in previous years, which consequently led to a decrease in the total managed area.

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STARJOY W&amp;T Posts Interim Results with 16.51% Dip in Net Profit

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STARJOY W&T Posts Interim Results with 16.51% Dip in Net Profit