Core Viewpoint - The company reported a decline in revenue and significant losses due to adverse conditions in the Chinese real estate market, leading to strategic exits from underperforming projects [1] Financial Performance - Revenue for the six months ending June 30, 2025, decreased by approximately 3% to RMB 1.386 billion compared to the same period in 2024 [1] - The company recorded a loss attributable to owners of RMB 310 million, a significant decline from a profit of RMB 59.3 million in the first half of 2024 [1] - The losses were primarily due to prolonged settlement cycles in related businesses, leading to increased provisions for impairment losses on trade and other receivables, as well as inventory and goodwill [1] Operational Metrics - As of June 30, 2025, the total contracted gross floor area for property management services was 121.6 million square meters, and the total managed area was 93.5 million square meters, representing declines of approximately 9% and 7% respectively compared to June 30, 2024 [1] - The company continued to actively exit low-efficiency projects during the reporting period [1] Dividend Policy - The board of directors did not recommend the payment of an interim dividend for the six months ending June 30, 2025 [1]
远洋服务(06677.HK)中期收入同比减少约3%至13.86亿元