According to the Zhitong Finance APP, LANDSEA LIFE (01965) announced its annual performance for the year ending December 31, 2025, with the group achieving revenue of 779 million yuan (RMB, the same below), a year-on-year decrease of 1.28%; the profit attributable to equity holders of the company was 23.01 million yuan, compared to a loss of 318 million yuan in the same period last year; basic earnings per share were 0.060 yuan.

The announcement stated that the group's revenue decreased by 1.28% year-on-year due to the group's further enhancement of the marketization level of property operations, reducing reliance on the real estate business, and a continuous decline in non-owner value-added service income and its proportion; the group decisively exited projects that had long-term losses and were inconsistent with the group's service quality. At the same time, leveraging its reputation for quality service, the group successfully expanded multiple high-quality projects in 2025, leading to a steady increase in managed building area. As a result, the revenue from the property management services segment achieved high-quality growth; however, the large-scale entry of guaranteed rental housing and personal housing sources into the market has intensified competition in the apartment rental market, leading to a corresponding decrease in revenue from apartment operation and management services