Core Insights - The public REITs sector has reported its second-quarter performance, revealing mixed results in revenue and distributable amounts across various products [1][2][3]. Revenue Performance - A total of 66 public REITs have disclosed operational data, with 62 having comparable data. Among these, 13 products achieved revenue exceeding 100 million yuan in the second quarter, with only 28 showing a quarter-on-quarter increase [1][2]. - The top revenue-generating product was Ping An Ningbo Transportation REIT, with 535 million yuan, followed by Penghua Shenzhen Energy REIT at 386 million yuan, and CITIC Construction Investment National Power Investment New Energy REIT at 243 million yuan [2]. - Overall, the public REITs sector experienced a quarter-on-quarter revenue decline of 2.6% and 5.8% year-on-year [1][3]. Net Profit Analysis - Most of the 62 products with comparable data reported profitability, with 24 products achieving net profits exceeding 10 million yuan. The highest net profit was recorded by Ping An Ningbo Transportation REIT at 113 million yuan [3][4]. Distributable Amounts - In terms of distributable amounts, 36 products saw an increase quarter-on-quarter, with five products exceeding 100 million yuan in distributable amounts [1][4]. - However, 26 products experienced a decline in distributable amounts, with six products showing a decrease of over 50% [4][5]. Sector Performance Insights - The most stable performances were noted in the affordable housing and consumer sectors, while the energy sector faced significant seasonal fluctuations. The logistics sector showed a mixed performance, and the industrial park sector experienced notable declines [6].