Longfor reports weaker first-half profit. Longfor stock falls 1.54 percent.

Published on 10/01/2026 at 20:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 32.30 percent to RMB 39.80 billion in the first half. Longfor stock costs EUR 0.64 on October 1, 2026 after EUR 0.65.

Longfor, KYG5635P1090, Illustration mit AI erstellt.

Longfor Group Holdings (ISIN KYG5635P1090) reported profit attributable to shareholders of RMB 1.96 billion for the first half of 2026, down 39.00 percent year over year, according to Futubull on September 25, 2026. Longfor stock was trading at EUR 0.64 at Lang & Schwarz on October 1, 2026 at 8:42 p.m. CEST, down 1.54 percent versus the prior close of EUR 0.65.

Development revenue drives the decline

Total revenue fell to RMB 39.80 billion in the first half of 2026, a 32.30 percent year-over-year decline. Property development revenue dropped to RMB 26.10 billion, while the company's operations and services revenue increased 3.20 percent to RMB 13.70 billion, according to Futubull in its report on the six months ended June 30, 2026.

The split points to a clear earnings tension. The recurring operations and services businesses expanded while the larger development division contracted, leaving profit attributable to shareholders 39.00 percent below the prior-year period. Core net profit attributable to equity holders was RMB 6.40 billion in the first half, according to the same interim report.

August sales add a near-term test

Longfor recorded contracted sales of RMB 2.20 billion in August 2026 and RMB 20.84 billion from January through August, according to MarketScreener on September 7, 2026. Property operation and property service revenue excluding tax reached RMB 18.18 billion over the same year-to-date period.

Commercial investment rental income was RMB 5.98 billion in the first half, up 8.70 percent year over year, while occupancy reached 97.40 percent. Longfor also reported a 52.00 percent net gearing ratio and average financing costs of 3.36 percent for the period.

Longfor stock stays near its yearly low

The Hong Kong-listed stock had a 52-week range of HKD 5.15 to HKD 12.03 as of September 30, 2026. Its market capitalization was HKD 39.1 billion on that date, while the primary listing is on the Hong Kong Stock Exchange under ticker 0960.

For investors, the operating-services contribution is the measurable counterweight to the earnings decline. The segment now represents 34.40 percent of first-half revenue, but the 39.00 percent profit contraction shows that development remains the dominant earnings variable.