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Glory Health Industry
Glory Health Industry (2329) investor relations material
Glory Health Industry H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary31 Aug, 2026
Executive summary
Revenue for the six months ended June 30, 2026 was RMB139.5 million, down 57% year-over-year, with property development revenue at RMB32.3 million, down 82.3% year-over-year.
Gross profit rose to RMB107.6 million from RMB4.4 million due to a significant decrease in property development costs.
Net loss attributable to owners increased to RMB325.1 million from RMB225.2 million year-over-year.
Contracted sales fell 41.6% year-over-year to RMB380.3 million, mainly from Beijing, Shenyang, and Langfang.
The Group is accelerating transformation towards the healthcare industry and scaling down property development.
Financial highlights
Total revenue: RMB139.5 million (2025: RMB324.2 million).
Gross profit: RMB107.6 million (2025: RMB4.4 million).
Net loss attributable to owners: RMB325.1 million (2025: RMB225.2 million).
Contracted sales: RMB380.3 million (2025: RMB651.1 million).
Cash and restricted bank deposits: RMB209.8 million as of June 30, 2026.
Outstanding loans: RMB23,840.0 million, including RMB3,720.9 million in senior notes.
Outlook and guidance
No nationwide housing price surge expected; market recovery will be gradual and structurally divergent.
Policies will continue to support rigid housing demand and urban renewal.
The Group will focus on debt reduction, asset disposal, and transformation into healthcare.
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Latest events from Glory Health Industry
- Sharp revenue decline and heavy losses drive urgent transformation and liquidity measures.2329
H2 2025 - Revenue and contracted sales plunged, net loss widened, and a strategic shift to health is underway.2329H1 2025
- Revenue declined, but net loss narrowed as the group pivots to health and urban renewal.2329H1 2024
- Losses deepened despite higher revenue, with significant going concern risks flagged by the auditor.2329H2 2024
Next Glory Health Industry earnings date
H2 202630 Mar, 2027
Glory Health Industry
Next Glory Health Industry earnings date
H2 202630 Mar, 2027
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