Financial Performance - For the first quarter of 2025, the group's revenue was approximately RMB 5.787 billion, a decrease of 22.8% compared to the same period last year[3] - The operating profit for the same quarter was approximately RMB 398 million, reflecting a decline of 48.6% year-on-year[3] - The total contracted sales amount recorded by the group and its joint ventures was approximately RMB 6.932 billion, with a sales area of about 598,400 square meters, down 12.5% and 15.9% respectively from the previous year[4] Land Acquisition and Reserves - The group acquired four new land parcels in Nantong, Hohhot, and Hefei, with a total attributable floor area of approximately 414,900 square meters, at a land cost of about RMB 2.458 billion[4] - The total land reserve held by the group and its joint ventures amounted to approximately 13,753,600 square meters, with the group's attributable floor area being about 11,591,800 square meters[4] Pending Sales - As of March 31, 2025, the total amount of subscribed but pending sales contracts was approximately RMB 492 million, covering an area of about 40,700 square meters[4] Financial Management and Risks - The group maintains a professional and prudent financial management approach, closely monitoring external economic conditions and industry consolidation opportunities[5] - The company emphasizes the importance of not overly relying on forward-looking statements due to inherent risks and uncertainties[6] - The financial data presented is unaudited and should not be considered as guarantees of the group's financial performance for the period ending March 31, 2025[6] Corporate Governance - The board of directors includes eight members, with three executive directors and three independent non-executive directors[8]
中国海外宏洋集团(00081) - 2025 Q1 - 季度业绩