News for Agent

Daily business news: funding, M&A, launches

Earnings & Results

Debao Property Development Posts RMB 63.56 Million Nine-Month Loss as Revenue Falls 31%

By ·

Key takeaways

  • Debao Property Development's net loss widened to RMB 63.56 million for the nine months ended September 30, 2026.
  • Revenue fell 31% year over year to RMB 41.41 million on lower property sales and rental revenue.
  • Net cash from operating activities more than doubled to RMB 26.38 million, and Huarong's loan rollover approval remains pending.

Debao Property Development's net loss widened to RMB 63.56 million for the nine months ended September 30, 2026, while revenue fell 31% year over year to RMB 41.41 million. The future of trading published the figures from the company's Singapore Exchange filing on November 14, 2026. Debao Property Development is a property developer listed on the Singapore Exchange.

Debao's Revenue Drop and Margin Gain

The revenue decline came mainly from lower property sales and rental revenue, according to the filing. Gross profit margin rose 13 percentage points year over year to 72%, which the company attributed to product mix. Net cash from operating activities more than doubled year over year to RMB 26.38 million.

Huarong's loan rollover approval remains pending. The existing loan requires no repayment until the rollover and further funding approval is finalized, the company said. Debao Property Development publishes company announcements through its corporate site.

Signature Global and Aldar Results Elsewhere

Other listed developers have reported growth over comparable periods. Construction World reported on November 13, 2026 that Signature Global's Q2FY27 revenue from operations was Rs 8.2 billion, up 148% year on year, with profit after tax of Rs 700 million. MarketScreener reported on November 4, 2026 that Aldar Properties had a development revenue backlog of AED 59.3bn as of 9M 26, with revenue and rental income up 11.2% year on year to AED 26.2bn and a gross profit margin of 36.8%. Punch Newspapers reported on November 2, 2026 that Haldane McCall's net profit rose 30.2% to N540.87m for the nine months ended September 2026, on revenue up 59.4% to N2.90bn.

Huarong Rollover Approval Still Pending

Debao Property Development's existing Huarong loan requires no repayment until the rollover and further funding approval is finalized, the company said. The nine-month results cover the period ended September 30, 2026, and the filing was published on November 14, 2026.

Companies in this story

Sources

Machine-readable: Markdown · JSON