Logan Group Reports 75.8% Drop in Revenue for H1 2025 Compared to Same Period in 2024

Reuters09-23
Logan Group Reports 75.8% Drop in Revenue for H1 2025 Compared to Same Period in 2024

Logan Group Co. Ltd. has released its interim financial results for the six months ended June 30, 2025. The company noted that the real estate industry in China remains in an adjustment cycle, with declining real estate investment and commercial property sales during the first half of 2025. The Group responded to these challenges by enhancing sales execution and capital recovery measures to maintain stable production and operations. The company is actively working towards completing its onshore and offshore debt restructuring processes. Detailed financial figures, including variations in sales/revenues, net income/profit/loss, and earnings per share, were not explicitly stated in the interim report. The Group expressed its commitment to ensuring quality project deliveries and stabilizing operations amidst the challenging industry landscape.

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