---
title: "KRP Development’s Profit and Revenue Decline Despite Solid Balance Sheet in FY2026"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290069937.md"
description: "KRP Development Holdings (HK:2421) reported a decline in FY2026 results, with revenue down 22% to RMB141.2 million and profit attributable to shareholders falling 26% to RMB14.9 million. Despite weaker operating performance and no final dividend, the company maintains a solid balance sheet with robust net current assets of RMB587.8 million and rising cash equivalents, highlighting resilience amid profitability pressures."
datetime: "2026-06-17T14:11:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290069937.md)
  - [en](https://longbridge.com/en/news/290069937.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290069937.md)
generator: "portal-rs"
---

# KRP Development’s Profit and Revenue Decline Despite Solid Balance Sheet in FY2026

KRP Development Holdings Limited ( (HK:2421) ) has shared an update.

KRP Development Holdings reported revenue of RMB141.2 million for the year ended 31 March 2026, down 22% year on year, with profit before tax falling 36% to RMB33.7 million and profit attributable to shareholders declining 26% to RMB14.9 million. The results reflect weaker operating performance despite smaller valuation losses on investment properties and no further inventory write-downs, with cash and cash equivalents rising but earnings per share dropping to 2.9 RMB cents and no final dividend declared, signaling pressure on returns for shareholders and a more cautious capital stance.

Total assets less current liabilities increased modestly to RMB920.1 million, supported by higher property, plant and equipment and deferred tax assets, while investment properties held broadly steady. The Group’s net current assets remained robust at RMB587.8 million, indicating solid liquidity even as profitability softened, a mixed picture that underscores both balance sheet resilience and ongoing challenges in sustaining growth and margins in its property portfolio.

**More about KRP Development Holdings Limited**

KRP Development Holdings Limited is a property development and investment group listed in Hong Kong and incorporated in the Cayman Islands. The Group’s activities centre on developing, holding and managing properties, with revenue primarily derived from property-related operations and associated assets in mainland China.

**Average Trading Volume:** 71,224

**Technical Sentiment Signal:** Hold

**Current Market Cap:** HK$313.3M

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**