Core Points - The company, Jingcheng Jiaye (02210), reported a mid-year performance for 2025 with revenue of approximately 1.045 billion, representing a year-on-year increase of 17.48% [1] - The profit attributable to equity shareholders was 22.624 million, a decrease of about 50% compared to the previous year, with earnings per share at 0.15 [1] Revenue Breakdown - Revenue from property management services was approximately 745.6 million, up about 21.2% year-on-year, primarily due to an increase in managed area and the number of projects [1] - As of the reporting period, the total managed project area was about 47.4 million square meters, with approximately 22.5 million square meters from Beijing Urban Construction Group and its joint ventures, and about 24.9 million square meters from third-party projects, reflecting a decrease of about 0.9% and an increase of about 19.8% respectively compared to the previous year [1] Profit Decline Factors - The decline in profit was mainly due to increased upfront and quality maintenance investments in property management projects to gain market share [1] - Additionally, the significant decrease in rental prices for box-type housing, influenced by current market demand changes and industry cyclical adjustments, led to impairment losses recognized on such assets according to relevant international financial reporting standards [1]
京城佳业公布中期业绩 权益股东应占溢利2262.4万元 同比减少约50%