
AI-generated summary
In recent years, Haiyue International has actively transformed from a pure agency business, expanded the proportion of construction income through investment in construction projects, and participated in early product planning of builders to enhance competitiveness.
Haiyue International (2348) announced on the 4th that its consolidated revenue in August 2026 was 1.425 billion yuan, an annual increase of 540.56%; the cumulative consolidated revenue from January to August this year was 6.619 billion yuan, an annual increase of 80.61%, and its revenue performance maintained growth.
Haiyue said that its agency sales performance continued to advance in August, including "Baoya World Mansion" in New Taipei Zhonghe, "Datong New Era", and "Hanhuang River" in Yonghe. "Sky", "Banglong Yongyue" in Xinzhuang, as well as "Hongji Xiangyong" in Hsinchu, "Jushengzangfu" in Taichung, "Puyan Yanqing" in Tainan, "Cathay Yuanmei", etc. The sales performance is in line with expectations, and relevant results will be gradually recognized in the future according to the sales progress.
In addition to the existing agency sales cases, Haiyatt also has a number of target construction projects coming to market in the second half of the year, including Taipei's "Quanyang Symphony", "Lianyun Huaisheng Section", "Guode Jie Tingzhou Road Project", New Taipei's new store "Yangbei" "Zhenghe Garden", "Zhao Pu's Forest" in Zhonghe, "Zhaoyangkai" and "Yuanshengzhuoyuan" in Taoyuan, as well as "Zhongtai Zhudong Case" and "Dali Taifei Case" in Hsinchu have become important sources of subsequent agency sales income.
On the other hand, construction income is also an important support for Haiyue's revenue growth this year. Since June, Haiyue has launched the recognition of completion and handover of "Dun Yang" in Taipei, "A3 Light Spot" in New Taipei and "Dali Future City" in Kaohsiung, and related revenue has continued to contribute to the revenue in July and August. In August, "Smile Haiyue 2" and "Taiwan Yinfu" have been added to the recognition of completion and handover, driving a further increase in single-month construction income.
From the perspective of operational layout, Haiyue has not only relied on agency sales as its main source of income in recent years, but has also expanded the proportion of construction income through investment and construction projects. The company stated that it has launched five investment income construction projects this year, including the "Dali Yecui" project in Taichung North District before the end of the year. It is expected to continue to invest in subsequent operations as the construction progress progresses.
Wang Junjie, general manager of Haiyue International, pointed out that Haiyue's operations in the second half of the year will be better than those in the first half of the year because the company maintains investment income projects and sales and construction income every year, and diversifies operations to expand its operating territory; this year, the company has launched five investment income projects. Before the end of the year, there was the "Dali Ye Tsui" case in the North District of Taichung City. It is observed that Taiwan's real estate market has gradually cooled down after several waves of credit control policies, and the control has achieved results! Haiyue leverages the advantages of vertical integration to participate in the early product planning of the builder, consolidating and expanding market share.
AI outlook — possibilities, not facts
Proceeds from the "Dali Ye Tsui" project in Taichung North District will be recognized before the end of the year.
Very likely · Within months

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