BEKE-W 1Q Non-GAAP Net Profit Up 15.7% YoY to RMB1.61B; Gross Margin Hits 7-Quarter High
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BEKE-Wreported a 15.7% YoY increase in non-GAAP net profit to RMB1.61B for Q1 2026, despite a 19% YoY decline in net revenues to RMB18.9B. The gross margin rose to 24.1%, the highest in seven quarters. Adjusted operating margin improved to 8.8%. Following the announcement, KE Holdings Incsaw a 1.1% drop in pre-market trading.
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