Core Viewpoint - Sunac Services reported a mid-year performance for 2025, showing a modest revenue growth despite previous losses, indicating a potential recovery in financial health [1] Financial Performance - The company achieved revenue of approximately RMB 3.547 billion, representing a year-on-year increase of about 2% [1] - Profit attributable to the company's owners was approximately RMB 122 million, a significant turnaround from a loss of approximately RMB 472 million in the same period last year [1] - Gross profit was approximately RMB 772 million, reflecting a year-on-year decline of about 13%, primarily due to delayed revenue recognition from certain third-party clients with high collection risks and increased maintenance costs from projects nearing warranty expiration [1] Cost Management - Selling and administrative expenses were approximately RMB 279 million, showing a year-on-year decrease of about 13% [1] - The selling and administrative expense ratio was approximately 7.9%, down by about 1.3 percentage points compared to the previous year [1]
融创服务：上半年公司拥有人应占利润1.22亿元，同比扭亏为盈丨财面儿