Country Garden Services Holdings Company (6098) investor relations material

Executive summary

• Revenue for the six months ended 30 June 2026 reached RMB24,500.5 million, up 5.7% year-over-year, driven by growth in property management and community value-added services, offset by declines in environmental and commercial operational services.

• Gross profit increased 3.3% to RMB4,439.9 million, with core net profit attributable to owners rising 3.2% to RMB1,618.5 million, reflecting stabilization and recovery.

• Net profit attributable to owners was RMB948.4 million, down 5.4% year-over-year, mainly due to higher impairment losses and increased costs.

• The company maintained a strong operational foundation, expanded managed GFA, and launched new technology-driven service initiatives.

Financial highlights

• Property management services revenue rose 6.3% to RMB14,505.2 million, accounting for 59.2% of total revenue.

• Community value-added services revenue grew 18.3% to RMB2,307.8 million, with local living services up 28.9%.

• Gross profit margin decreased to 18.1% from 18.5% year-over-year, mainly due to margin pressure in developing and environmental businesses.

• General and administrative expenses fell 9.3% to RMB2,000.2 million, with the expense ratio down to 8.2%.

• Net cash outflow from operating activities improved to RMB749.3 million from RMB875.2 million year-over-year.

Outlook and guidance

• The company targets high-quality scale expansion through digital and intelligent transformation, focusing on PARA (People-Agent-Robot-AIoT) strategy.

• Community value-added services and technology-driven smart services remain core growth drivers.

• Dividend for 2026 is expected to be no less than RMB1.5 billion, maintaining stable shareholder returns.

• No interim dividend declared for the period.