SUNAC SERVICES (01516) Announces Interim Results with Profit Attributable to Owners of Approximately RMB 122 Million, Achieving Turnaround from Loss to Profit

Stock News08-25

SUNAC SERVICES (01516) announced its interim results for 2025, reporting revenue of approximately RMB 3.547 billion, representing a year-on-year increase of about 2%. Gross profit reached approximately RMB 772 million, down about 13% compared to the same period last year. The company achieved profit attributable to owners of approximately RMB 122 million, marking a turnaround from loss to profit year-on-year. Basic earnings per share stood at RMB 0.04. According to the announcement, the revenue increase was primarily driven by higher income from property management and operational services. The turnaround from loss to profit was attributed to the group's effective control over selling and administrative expenses, as well as a significant reduction in impairment provisions for trade receivables from related parties.

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