JOY CITY PPT released its interim results, with shareholders' attributable profit of HKD 105 million, a year-on-year decrease of 26.6%

JOY CITY PPT released its interim results for the period ending June 30, 2025, with revenue of 8.124 billion yuan, a year-on-year decrease of 5.78%; profit attributable to shareholders was 105 million yuan, a year-on-year decrease of 26.6%. Rental income and related services from investment properties amounted to approximately 2.038 billion yuan, a year-on-year decrease of 2.5%. Revenue from property development business was 5.481 billion yuan, a year-on-year decrease of 8.3%. The contract sales amount was approximately 2.749 billion yuan, a year-on-year decrease of 81.4%. The group maintained a low financing cost by optimizing its financing structure