Core Viewpoint - Sunac China Holdings Limited reported a significant decline in its financial performance for the first half of the year, leading to a drop in its stock price by over 4% following the earnings announcement [1] Financial Performance - The total contract sales amount for the group, including joint ventures and associates, was approximately RMB 23.55 billion [1] - The group's revenue was approximately RMB 19.99 billion, representing a year-on-year decrease of about 41.7% [1] - The group recorded a gross loss of approximately RMB 2.08 billion, which is an increase of about 14.9% year-on-year [1] - The loss attributable to the company's owners was approximately RMB 12.81 billion, reflecting a year-on-year decrease of about 14.4% [1] Restructuring Efforts - The company is actively advancing its restructuring plan, having completed the cash buyback option and the issuance of new shares under the stock economic benefit rights redemption option [1] - It is expected that the execution of other options under the domestic public market debt restructuring plan will be completed by the end of 2025 [1] - In the second half of the year, the company plans to intensify cooperation with financial institutions, such as asset management companies, to provide incremental funding, mitigate project debt risks, and revitalize quality projects to support the gradual recovery of operations [1]
港股异动 | 融创中国(01918)绩后跌超4% 上半年公司拥有人应占亏损约128.1亿元 同比减少14.4%