Longfor reports 32.00 percent revenue drop. Longfor stock sits 51.91 percent below its high

Longfor Group Holdings Limited (ISIN KYG5635P1090) reported RMB 39.80 billion in revenue for the first half of 2026, down 32.00 percent year over year, according to Futunn on September 25, 2026. Longfor stock stood 51.91 percent below its HKD 11.00 52-week high at HKD 5.29 on the Hong Kong Stock Exchange on October 6, 2026.

Revenue falls as development shrinks

Property development revenue fell 43.00 percent year over year to RMB 26.10 billion in the first half of 2026, while operations revenue rose 4.00 percent to RMB 7.30 billion and services revenue increased 2.00 percent to RMB 6.40 billion, Futunn reported on September 29, 2026.

The combined operations and services figure reached RMB 13.70 billion, up 3.20 percent year over year and equal to 34.40 percent of total revenue. That mix gives Longfor a recurring-income counterweight while the development business remains the main drag on the interim result.

Profit pressure remains visible

Profit attributable to owners declined 39.00 percent year over year to RMB 1.96 billion in the first half of 2026, while core net profit fell to RMB 0.06 billion from RMB 1.38 billion in the same period last year, according to The Globe and Mail on September 30, 2026.

Longfor's balance-sheet story is more resilient than its earnings line. Total borrowings stood at RMB 147.12 billion, average finance costs were 3.36 percent, and net debt to equity was 52.00 percent in the first half of 2026.

Stock remains below yearly high

The HKEX quote was HKD 5.29 at 4:08 p.m. HKT on October 6, 2026, within a 52-week range of HKD 5.15 to HKD 11.00. The market capitalization was HKD 36.3 billion as of October 6, 2026, leaving the share price 51.91 percent below the yearly high.

The Lang & Schwarz prior close was EUR 0.60 for October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Longfor stock.

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