China Aoyuan Group Reports RMB3.83 Billion in Property Sales and RMB8.81 Billion Net Loss for First Half of 2025; Gross Loss Margin at 63.6%

Reuters
2025.09.25 09:11
portai
I'm PortAI, I can summarize articles.

China Aoyuan Group Limited reported a net loss of RMB8.81 billion for the first half of 2025, a significant decline from a profit of RMB22.31 billion in the same period of 2024. Property sales decreased by 4.1% to RMB3.83 billion, with a gross loss margin of 63.6%. The company is focused on meeting property delivery targets and controlling costs amid a challenging market environment.

China Aoyuan Group Limited reported a loss attributable to owners of the company of RMB8,814 million for the first half of 2025, compared to a profit of RMB22,312 million in the same period of 2024. The previous period’s profit included gains from offshore debt restructuring of approximately RMB26,638 million. Sales of properties totaled approximately RMB3,829 million, a decrease of RMB165 million or 4.1% compared to RMB3,994 million in the same period last year. The gross loss for the period was RMB2,841 million, up from a gross loss of RMB203 million in the same period of 2024. The group’s gross loss margin was 63.6%. Excluding impairment loss on properties for sale, gross profit for the first six months of 2025 was RMB292 million, a decrease of 54.5% from RMB642 million for the same period in 2024. Selling and distribution expenses fell 36.0% to RMB160 million from RMB250 million, while administrative expenses decreased by 31.6% to RMB349 million from RMB510 million, reflecting ongoing efforts to streamline organizational structure and control costs. Other income, gains, and losses for the reporting period included an expected credit loss of approximately RMB1,324 million, a loss of around RMB240 million related to debt settled by physical assets, and other losses of about RMB24 million. China Aoyuan stated it remains focused on meeting property delivery targets and maintaining its presence in the Guangdong-Hong Kong-Macao Greater Bay Area as well as other key regions. The group is committed to further streamlining and effective expense control as it continues to operate in a challenging market environment. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Aoyuan Group Limited published the original content used to generate this news brief on September 25, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here