BINJIANG SER released its interim results, with profit attributable to equity shareholders of HKD 298 million, an increase of 12.21% year-on-year
BINJIANG SER released its interim results for the period ending June 30, 2025, with revenue of 2.025 billion yuan, a year-on-year increase of 22.7%; profit attributable to equity shareholders of 298 million yuan, a year-on-year increase of 12.21%; basic earnings per share of 1.08 yuan, and a proposed interim dividend of 0.826 HKD per share. Property management services are the main source of revenue, accounting for 57.2% of total revenue
According to the Zhitong Finance APP, Binjiang Services (03316) released its interim results for the six months ending June 30, 2025, with revenue of RMB 2.025 billion, an increase of 22.7% year-on-year; profit attributable to equity shareholders of RMB 298 million, an increase of 12.21% year-on-year; basic earnings per share of RMB 1.08; and a proposed interim dividend of HKD 0.826 per share.
The announcement stated that during the reporting period: (i) property management services were the largest source of revenue and profit for the group, accounting for 57.2% of total revenue; and (ii) 5S value-added services were the second largest source of revenue, accounting for 32.2% of total revenue.
Property management services include security, cleaning, gardening, maintenance, upkeep, land management, and supporting services. Revenue reached RMB 1.158 billion, a 27.9% increase from RMB 905 million in the same period of 2024, making it the group's main source of income, accounting for 57.2% of total revenue for the six months ending June 30, 2025. The increase in revenue was mainly due to the group's business expansion and an increase in the number of projects. Revenue from property management services provided to properties developed by Binjiang Group amounted to RMB 582 million, a 29.6% increase from RMB 449 million in the same period of 2024, accounting for 50.3% of property management service revenue during the reporting period
