Workflow
中国奥园发布中期业绩,股东应占亏损88.14亿元 同比盈转亏

Core Viewpoint - China Aoyuan (03883) reported a significant financial downturn, with a total revenue of RMB 4.466 billion for the six months ending June 30, 2025, representing a year-on-year decrease of 5.67%. The company faced a shareholder loss of RMB 8.814 billion, contrasting sharply with a profit of RMB 22.312 billion in the same period last year, which included a foreign debt restructuring gain of approximately RMB 26.638 billion [2][3]. Financial Performance - The company recorded a total revenue of RMB 4.466 billion, down 5.67% year-on-year [2]. - Shareholder loss amounted to RMB 8.814 billion, compared to a profit of RMB 22.312 billion in the previous year [2]. - Earnings per share reflected a loss of 217 cents [2]. Sales and Market Strategy - During the reporting period, the company achieved property contract sales of approximately RMB 4.02 billion, with a contracted sales area of about 436,000 square meters [3]. - The company continues to focus on the Guangdong-Hong Kong-Macao Greater Bay Area, holding a total land reserve of approximately 5.39 million square meters, with an equity building area of about 4.06 million square meters as of June 30, 2025 [3]. Strategic Focus - The company aims to enhance its operational recovery by prioritizing "delivery assurance" while accelerating the resolution of domestic debt risks [2]. - Key strategies include deepening sales reduction, accelerating resource integration, tackling debt restructuring, optimizing capital structure, and exploring new profit models such as light-asset construction [3]. - The company is committed to building sustainable operational capabilities and restoring market confidence to achieve steady development and create value for shareholders, investors, and society [3].