Core Viewpoint - China New City (01321) reported a significant decline in its mid-year performance for 2025, with a sharp drop in revenue and gross profit, primarily due to a substantial decrease in property sales [1] Financial Performance - Revenue for the period was approximately 366 million yuan, representing a year-on-year decrease of 87.5% [1] - Gross profit stood at 77.1 million yuan, down 95.1% compared to the previous year [1] - The company reported a loss attributable to equity holders of 35.5 million yuan, marking a shift from profit to loss year-on-year [1] - Earnings per share reflected a loss of 1.77 cents [1] Business Operations - The decline in revenue and gross profit was primarily attributed to a significant reduction in the property sales business [1]