Shanghai Industrial Urban Development FY2025 revenue falls 70.5% to HKD 3.67 billion

Reuters03-24 20:36

<a href="https://laohu8.com/S/SGHIF">Shanghai Industrial</a> Urban Development FY2025 revenue falls 70.5% to HKD 3.67 billion

Shanghai Industrial Urban Development published a final results announcement for the year ended Dec. 31, 2025, reporting revenue of HKD 3.67 billion, down 70.5%.
Gross profit was HKD 732.26 million, down 65.6%, while gross profit margin was 20.0%, up 2.9 percentage points.
Loss attributable to owners was HKD 961.89 million, with basic and diluted loss per share of 20.12 HK cents.
Contract sales from commodity housing fell 53.4% to RMB 1.83 billion, which management attributed to a smaller proportion of sales in first- and second-tier cities.
The board did not recommend a final dividend, and said the revenue decline was mainly due to lower sales of properties delivered across several projects.

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. Shanghai Industrial Urban Development Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260324-12065197), on March 24, 2026, and is solely responsible for the information contained therein.

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