China Overseas Land Profit Falls 18.24% to RMB7.03 Billion in H1
China Overseas Land & Investment reported a first-half net profit attributable to shareholders of RMB7.03 billion, down 18.24% year on year, while revenue rose 17.28% to RMB97.6 billion. The interim dividend was cut 8% to HK$0.23 per share. Net gearing stood at 27.2% with average financing costs at 2.76%.
China Overseas Land & Investment announced its interim results for the six months ended June 30. During the period, profit attributable to shareholders amounted to RMB7.03 billion, a decrease of 18.24% year on year. Earnings per share were RMB0.64. The interim dividend was set at HK$0.23 per share, down 8% from the previous year. Revenue reached RMB97.6 billion, an increase of 17.28% year on year.
As of June 30, the group's total borrowings stood at RMB237.22 billion, down RMB10.15 billion from the end of 2025. It held bank deposits and cash of RMB121.1 billion. The net gearing ratio was 27.2%, and the average financing cost was 2.76%.