金融街：上半年营收46.55亿元，同比降逾五成

Core Viewpoint - Financial Street reported a significant decline in revenue and net profit for the first half of 2025, indicating ongoing challenges in the real estate market [1][2]. Financial Performance - The company achieved an operating revenue of approximately 4.655 billion yuan, a year-on-year decrease of 51.79% [1]. - The net profit attributable to shareholders was a loss of 1.008 billion yuan, with a year-on-year reduction in losses of 49.2% [1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of 880 million yuan, with a year-on-year reduction in losses of 56.02% [1]. - The net cash flow from operating activities decreased by 9.96% to 1.606 billion yuan [1]. Revenue Breakdown - Revenue from real estate development was approximately 3.623 billion yuan, down 57.42% year-on-year, with a gross margin of -5.74% [1]. - Residential products generated revenue of 3.46 billion yuan, while commercial products accounted for 160 million yuan [1]. - Property leasing business revenue was 780 million yuan, a decline of 9.99% year-on-year [1]. - Property management business revenue was 180 million yuan, down 9.61% year-on-year [1]. Sales Performance - In the first half of 2025, the company achieved a sales contract amount of approximately 4.76 billion yuan, with a sales area of about 325,000 square meters [2]. - Residential products accounted for 4.27 billion yuan in sales contracts (249,000 square meters), while commercial products accounted for 490 million yuan (76,000 square meters) [2]. Strategic Focus - The company emphasized cash flow safety and operational stability as core business tasks, aiming to enhance project sales and ensure positive cash flow [2][3]. - Financial Street plans to adjust sales strategies based on market changes, improve sales management, and promote early and multiple collections [3]. - The company aims to implement strict budget management and enhance cash flow monitoring to improve fund utilization efficiency [3]. - Financial Street is exploring a light asset operation model complemented by heavy asset cooperation to cultivate new business growth points [3].