BAOYE GROUP released its interim results, with a profit attributable to shareholders of 141 million yuan, a year-on-year decrease of 62.29%
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BAOYE GROUP released its interim results for the period ending June 30, 2025, with a revenue of RMB 8.503 billion, a year-on-year decrease of 33.42%; profit attributable to shareholders of RMB 141 million, a year-on-year decrease of 62.29%; and basic earnings per share of RMB 0.27. The revenue from construction operations was approximately RMB 5.657 billion, a decrease of about 34%; operating profit was approximately RMB 167 million, a decrease of about 49%. The decline was mainly due to the continued drop in real estate investment, market contraction, and intensified industry competition
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