Financial Highlights Unaudited Interim Results Announcement for the Six Months Ended June 30, 2025 The company announced unaudited interim results for the six months ended June 30, 2025, reporting RMB 827,345 thousand in total revenue, a slight increase, and a basic loss of RMB 34,931 thousand, with no interim dividend recommended | Indicator | 2025 (RMB '000) | 2024 (RMB '000) | | :--- | :--- | :--- | | Revenue | 827,345 | 821,251 | | - Construction Contracting Business | 700,061 | 706,952 | | - Property Development and Other Businesses | 127,284 | 114,299 | | - Health and Wellness Business | – | – | | Gross Profit | 39,439 | 35,050 | | Basic Loss | (34,931) | (27,784) | | Reported Loss | (37,294) | (28,848) | | Loss Per Share (RMB) | (0.043) | (0.036) | - The Board resolved not to declare an interim dividend for the six months ended June 30, 2025 (2024: nil)2 Condensed Interim Consolidated Financial Statements Condensed Interim Consolidated Statement of Profit or Loss For the six months ended June 30, 2025, the company's revenue was RMB 827,345 thousand, with a gross profit of RMB 39,439 thousand, and a loss for the period of RMB 37,294 thousand, an increase from RMB 28,848 thousand in the prior year | Indicator | 2025 (RMB '000) | 2024 (RMB '000) | | :--- | :--- | :--- | | Revenue | 827,345 | 821,251 | | Cost of Sales | (787,906) | (786,201) | | Gross Profit | 39,439 | 35,050 | | Other Income and Gains | 1,213 | 9,414 | | Selling and Distribution Expenses | (123) | (3) | | Administrative Expenses | (48,484) | (30,144) | | Fair Value Gain on Financial Assets at Fair Value Through Profit or Loss | 9,536 | 1,376 | | Other Expenses | (542) | (2,363) | | Finance Costs | (30,689) | (37,968) | | Loss Before Tax | (29,650) | (24,638) | | Income Tax Expense | (7,644) | (4,210) | | Loss for the Period | (37,294) | (28,848) | | Basic and Diluted Loss Per Share (RMB) | (0.043) | (0.036) | Condensed Interim Consolidated Statement of Comprehensive Income For the six months ended June 30, 2025, the company's loss for the period was RMB 37,294 thousand, with total comprehensive loss for the period expanding to RMB 36,418 thousand due to exchange differences and fair value changes in equity investments | Indicator | 2025 (RMB '000) | 2024 (RMB '000) | | :--- | :--- | :--- | | Loss for the Period | (37,294) | (28,848) | | Other Comprehensive Income (that may be reclassified to profit or loss in subsequent periods) | | | | - Exchange differences on translation of foreign operations | 330 | (217) | | Other Comprehensive Income (that will not be reclassified to profit or loss in subsequent periods) | | | | - Equity investments designated at fair value through other comprehensive income: fair value changes | 546 | – | | Other comprehensive income for the period, net of tax | 876 | (217) | | Total comprehensive income for the period | (36,418) | (29,065) | Condensed Interim Consolidated Statement of Financial Position As of June 30, 2025, the company's total assets decreased to RMB 6,099,285 thousand, with net current assets turning positive and total liabilities slightly decreasing, resulting in net assets of RMB 843,879 thousand | Indicator | June 30, 2025 (RMB '000) | Dec 31, 2024 (RMB '000) | Change | | :--- | :--- | :--- | :--- | | Total Non-current Assets | 1,845,829 | 1,815,895 | +1.65% | | Total Current Assets | 4,253,456 | 4,429,456 | -3.97% | | Total Current Liabilities | 4,091,752 | 4,753,909 | -13.93% | | Net Current Assets (Liabilities) | 161,704 | (324,453) | From negative to positive | | Total Assets Less Current Liabilities | 2,007,533 | 1,491,442 | +34.60% | | Total Non-current Liabilities | 1,163,654 | 636,944 | +82.69% | | Net Assets | 843,879 | 854,498 | -1.24% | | Total Equity | 843,879 | 854,498 | -1.24% | Notes to the Condensed Interim Consolidated Financial Statements Company and Group Information The company is an exempted limited company incorporated in the Cayman Islands, with its ultimate holding company being Auspicious International Industrial Limited, and the Group is primarily engaged in construction contracting, property development, and health and wellness businesses - The Company is incorporated in the Cayman Islands, with its ultimate holding company being Auspicious International Industrial Limited (incorporated in the British Virgin Islands)78 - The Group is principally engaged in construction contracting, property development, and health and wellness businesses8 [Basis of Preparation and Changes in Accounting Policies](index=6&type=section&id=%E7%B7%A8%E8%A3%BD%E5%9F%BA%E6%BA%96%E5%8F%8A%E6%9C%8
中国天保集团(01427) - 2025 - 中期业绩