Core Viewpoint - Yongsheng Services reported a revenue increase but a significant decline in profit for the first half of the year, indicating a situation of "increased revenue but decreased profit" [2][16]. Financial Performance - Yongsheng Services achieved a revenue of approximately 3.461 billion yuan, a year-on-year increase of about 2.7% [2][6]. - The profit attributable to shareholders was approximately 214 million yuan, reflecting a year-on-year decrease of about 19.4% [2][16]. - The company's gross profit fell to approximately 645 million yuan, a decline of about 10.0% year-on-year, with the gross margin decreasing from 21.3% to 18.6% [14][15]. Revenue Structure - The property management service segment remains the primary revenue contributor, generating 2.669 billion yuan, accounting for 77.1% of total revenue, up from 73.1% in the previous year [7]. - Revenue from third-party projects increased, with its share rising from 70.9% to 77%, while revenue from projects associated with Xuhui decreased from 29.1% to 23% [8]. Challenges and Strategic Changes - The company has faced difficulties in recent years, particularly due to the fallout from Xuhui Holdings, leading to a decline in profits for two consecutive years [3]. - Yongsheng Services is undergoing a transformation to reduce its reliance on Xuhui, with a name change and a strategic focus on expanding its third-party client base [8][17]. - The management acknowledged that the transformation process is more challenging than anticipated, emphasizing the need for a profound change to adapt to industry shifts [17][18]. Dividend Distribution - Despite the profit decline, the board proposed an interim dividend of 0.0678 HKD per share and a special dividend of 0.0271 HKD per share, totaling 0.0949 HKD per share [4]. Market Reaction - On August 22, the stock price of Yongsheng Services opened lower and closed at 2.080 HKD per share, down 4.59% [5].

Core Viewpoint - Yongsheng Services reported a revenue increase of approximately 2.7% year-on-year for the first half of the year, but net profit decreased by about 19.4%, indicating a situation of revenue growth without profit growth [1][4]. Revenue Performance - Yongsheng Services achieved a revenue of approximately 34.61 billion yuan in the first half of the year, with property management services contributing 26.69 billion yuan, accounting for 77.1% of total revenue, up from 73.1% in the same period last year [2]. - The company has successfully reduced its revenue dependency on Xuhui projects, with the proportion dropping from 29.1% to 23%, while third-party revenue increased from 70.9% to 77% [2]. Business Segmentation - The second-largest revenue source, community value-added services, saw a slight decline to approximately 3.96 billion yuan, down about 0.8% year-on-year, maintaining an 11.4% share of total revenue [3]. - Non-owner value-added services generated approximately 2.7 billion yuan, a significant decrease of about 24.4%, reflecting a drop in demand due to the weak real estate market [3]. - Urban services generated approximately 1.26 billion yuan, down about 15.8%, as the company reallocated resources and exited lower-margin businesses [3]. Cost and Profitability - The cost of Yongsheng Services increased by approximately 6.1% to 28.15 billion yuan, primarily due to business expansion, leading to a gross profit decline of about 10% to approximately 6.45 billion yuan [4]. - The gross margin fell from 21.3% in the previous year to 18.6%, a decrease of 2.7 percentage points [4]. - The gross margins for various business lines also declined, with property management services at 18.5%, community value-added services at 28.2%, and non-owner value-added services at 8.9% [5]. Management Insights - The management expressed concerns over the challenges of transformation, indicating that the process is more difficult than anticipated [5]. - The chairman emphasized the need for a profound transformation to adapt to industry changes and achieve success amid a competitive landscape [5].

Core Viewpoint - Yongsheng Services (01995) reported a mixed performance in its interim results, with a slight increase in revenue but a significant decrease in net profit, leading to a volatile stock price reaction [1]. Financial Performance - For the six months ending June 30, 2025, Yongsheng Services reported revenue of 3.461 billion RMB, representing a year-on-year increase of 2.66% [1]. - The net profit attributable to shareholders was 214 million RMB, reflecting a year-on-year decrease of 19.35% [1]. - Basic earnings per share were reported at 0.12 RMB [1]. Dividend Announcement - The company proposed an interim dividend of 0.0678 HKD per share and a special dividend of 0.0271 HKD per share [1]. Revenue Breakdown - The property management services segment was the largest revenue contributor, generating approximately 2.669 billion RMB, which accounted for about 77.1% of the total revenue [1]. - The growth in revenue from property management services was primarily driven by the company's efforts to expand its third-party client base [1].

Core Viewpoint - Yongsheng Services (01995) reported a mixed performance in its interim results, with a slight increase in revenue but a significant decrease in net profit, leading to a volatile stock price reaction [1] Financial Performance - For the six months ending June 30, 2025, Yongsheng Services reported revenue of 3.461 billion RMB, an increase of 2.66% year-on-year [1] - The net profit attributable to shareholders was 214 million RMB, a decrease of 19.35% year-on-year [1] - Basic earnings per share were 0.12 RMB [1] Dividend Announcement - The company proposed an interim dividend of 0.0678 HKD per share and a special dividend of 0.0271 HKD per share [1] Revenue Breakdown - Property management services accounted for the largest revenue source, generating approximately 2.669 billion RMB, which represents about 77.1% of the total revenue [1] - The growth in revenue from property management services was primarily driven by the company's efforts to expand its third-party client base [1]

公告称，物业管理服务业务是集团的最大收入来源。于本期内，物业管理服务收入达约26.69亿元，占 集团总收入约77.1%。来自物业管理服务的收入增长主要得益于集团不断努力扩大第三方客户群。 消息面上，8月21日，永升服务发布截至2025年6月30日止六个月中期业绩，收入34.61亿元(人民币，下 同)，同比增加2.66%；股东应占溢利2.14亿元，同比减少19.35%；每股基本盈利0.12元；拟派发中期股 息每股0.0678港元及特别股息每股0.0271港元。 智通财经APP获悉，永升服务(01995)绩后跌超6%，截至发稿，涨6.88%，报2.03港元，成交额3803.49万 港元。 ...

永升服务公布截至2025年6月30日止六个月的中期业绩。期内，公司收入为34.61亿元人民币，同比增加 2.66%。股东应占溢利为2.14亿元人民币，同比减少19.35%。每股基本盈利为0.12元。公司计划派发中 期股息每股0.0678港元及特别股息每股0.0271港元。 公告指出，物业管理服务是集团的主要收入来源，占总收入的约77.1%，收入为26.69亿元。物业管理服 务收入的增长主要归因于集团持续拓展第三方客户。 永升服务 分时图 日K线 周K线 月K线 1.95 -0.01 -0.51% 1.02% 0.51% 0.51% 0.00% 0.51% 0.51% 1.02% 1.94 1.95 1.95 1.96 1.97 1.97 1.98 09:30 10:30 12:00/13:00 14:00 16:10 0 17万 34万 52万 ...

Core Viewpoint - Yongsheng Services (01995) reported a mid-term performance for the six months ending June 30, 2025, showing a revenue of 3.461 billion RMB, a year-on-year increase of 2.66%, while the profit attributable to shareholders decreased by 19.35% to 214 million RMB [1] Financial Performance - Revenue for the period reached approximately 3.461 billion RMB, reflecting a 2.66% increase compared to the previous year [1] - Profit attributable to shareholders was 214 million RMB, representing a decrease of 19.35% year-on-year [1] - Basic earnings per share were reported at 0.12 RMB [1] - The company proposed an interim dividend of 0.0678 HKD per share and a special dividend of 0.0271 HKD per share [1] Business Segment Analysis - The property management services segment is the largest revenue source for the company, generating approximately 2.669 billion RMB, which accounts for about 77.1% of total revenue [1] - The growth in revenue from property management services is primarily attributed to the company's ongoing efforts to expand its third-party client base [1]

Core Viewpoint - Yongsheng Services (01995) announced a mid-term dividend of HKD 0.0678 per share for the six months ending June 30, 2025, to be distributed on September 15, 2025 [1] Company Summary - The company will distribute a mid-term dividend of HKD 0.0678 per share [1]

永升服务(01995)公布，将于2025年9月15日派发特别股息每股0.0271港元。 ...

智通财经APP讯，永升服务(01995)公布，将于2025年9月15日派发特别股息每股0.0271港元。 ...