LANDSEA LIFE released its interim results, with a profit attributable to shareholders of HKD 1.701 million, a year-on-ye…
I'm LongbridgeAI, I can summarize articles.LANDSEA LIFE released its mid-term performance for 2025, with revenue of RMB 390 million, a year-on-year decrease of 0.3%; profit attributable to shareholders was RMB 1.701 million, a year-on-year decrease of 84.7%; basic earnings per share were RMB 0.44. The decrease in revenue during the period was mainly due to the company's efforts to enhance the marketization level of property management, reducing reliance on the real estate business, which led to a decline in non-owner value-added service income. As of June 30, 2025, the group's contracted construction area was approximately 33.06 million square meters, and the managed construction area was approximately 28.79 million square meters, an increase of about 0.6% compared to December 31, 2024
According to the Zhitong Finance APP, LANDSEA LIFE (01965) released its interim results for 2025, with revenue of RMB 390 million, a year-on-year decrease of 0.3%; the profit attributable to equity holders of the company was RMB 1.701 million, a year-on-year decrease of 84.7%; basic earnings per share were 0.44 cents.
The decrease in revenue during the period was mainly due to the group's further enhancement of the marketization level of property management, reducing reliance on the real estate business, resulting in a decrease in non-owner value-added service income.
As of June 30, 2025, the group's contracted gross floor area was approximately 33.06 million square meters, of which the managed gross floor area was approximately 28.79 million square meters, an increase of about 0.6% compared to the managed gross floor area as of December 31, 2024