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SOHO中国:上半年亏损0.92亿元

Core Insights - SOHO China reported a decline in revenue and net profit for the first half of 2025, with total revenue at 690 million yuan, down approximately 13.6% compared to 2024 [1] - The company experienced a gross profit margin of about 80% in its leasing business, with an average occupancy rate of around 80% for investment properties [1] - The net loss attributable to shareholders was approximately 92 million yuan, while the net profit from operating activities was about 173 million yuan [1] Financial Performance - Operating costs amounted to 141 million yuan, with a gross profit of 549 million yuan, reflecting year-on-year declines of approximately 6.5% and 13.6% respectively [1] - Operating profit decreased by about 37.6%, totaling 237 million yuan [1] Debt and Liabilities - SOHO China's total bank and other borrowings reached 15.31 billion yuan [1] - Potential cross-default risks related to overdue land value-added tax could affect bank borrowings, involving a principal amount of 4.123 billion yuan [1]