ES Services (Ever Sunshine Services Group Limited) reported interim revenue of RMB 3.61 billion for the six months ended 30 June 2026, up 4.2% year-on-year, supported by resilient property-management demand and expanding community value-added services.

Gross profit rose 8.7% to RMB 701.35 million, lifting the gross margin to 19.5% from 18.6% a year earlier. Core operating profit (gross profit less administrative and selling expenses) advanced 9.9% to RMB 459.18 million. Profit attributable to shareholders edged up 0.6% to RMB 214.97 million, with basic earnings per share steady at RMB 0.12.

Property-management services remained the primary revenue contributor at 78.4% of total turnover, generating RMB 2.83 billion, a 5.9% increase. Community value-added services delivered the fastest expansion, climbing 9.7% to RMB 434.91 million and lifting its revenue share to 12.0%. Value-added services to non-property owners fell 12.5% to RMB 235.81 million, while city-service revenue retreated 14.1% to RMB 107.76 million.

Operational scale continued to widen modestly. Contracted gross floor area (GFA) reached 356.8 million sq m (+0.5% Y/Y), with GFA under management at 255.0 million sq m (+0.5%). Non-residential projects represented 33.1% of managed GFA.

The balance sheet remained conservative: cash and cash equivalents stood at RMB 2.26 billion (31 December 2025: RMB 2.77 billion), while the gearing ratio was contained at 0.50%. Net current assets totalled RMB 2.53 billion. Trade and bills receivables increased to RMB 3.11 billion alongside business expansion; the Group booked RMB 110.04 million in expected-credit-loss provisions, up from RMB 96.25 million a year earlier.

The Board declared an interim dividend of HK$0.0728 per share and a special dividend of HK$0.0291 per share, payable on 22 September 2026 to shareholders on record as of 15 September 2026. During the period, ES Services repurchased 14.54 million shares for approximately HK$26.67 million, cancelling 5.96 million shares by 30 June 2026; an additional 4.20 million shares were bought back after period-end.

Capital expenditure remained modest, with RMB 12.73 million spent on property, plant and equipment. Intangible-asset amortisation totalled RMB 16.63 million. No material acquisitions or disposals impacted the core business.

The Board reiterated its focus on “high-quality, sustainable and profitable growth”, emphasising disciplined project selection, lean management and digital-technology deployment to enhance service efficiency and margins.