Sunshine 100 China Holdings Ltd. released its results for the six months ended 30 June 2025. The company reported revenue of RMB1,376.3 million, representing a 14.8% decrease compared to the same period last year. Gross profit for the reporting period was RMB6.2 million, reflecting reduced gross losses from property deliveries year-on-year. The company reported a net loss of approximately RMB1,146.6 million, mainly due to gross losses on delivered properties and increased expensed interest costs. Contracted sales amounted to RMB339.5 million, up 189.4% from the corresponding period in 2024. The contracted sales area reached approximately 31,839 square meters, an increase of 529.2% year-on-year. The average unit price for contracted sales was RMB7,950 per square meter, with about 83.6% of contracted sales generated from the Midwest region. Sunshine 100 China Holdings Ltd. stated it will focus on enhancing operational capabilities, activating asset value, and advancing upgrades in commercial, hotel, and property management segments to increase recurring income. The company will accelerate its business transformation, emphasizing the development of healthcare and cultural tourism projects, and will continue to pursue domestic and overseas debt restructuring to optimize its debt structure and ease liquidity pressure.
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. Sunshine 100 China Holdings Ltd. published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein.
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