公告称，物业管理服务主要包括保安、清洁、园艺、公共区域及公共设施的维修及养护以及配套服务。 集团的在管物业组合包括住宅物业及非住宅物业。期内，集团实现收入9390万元，较2024年同期收入 9220万元上升1.8%，占期内总收入80.6%，是集团主要收入来源。收入的增长主要由于部分项目物业费 提价，聚焦于优质高价项目的经营。 智通财经APP讯，宋都服务(09608)发布截至2025年6月30日止六个月中期业绩，收入1.16亿元(人民币， 下同);毛利3083.7万元，同比增加40.94%;股东应占溢利1055.7万元，同比增加98.81%;每股基本盈利0.27 分。 ...

兴业物联(09916)发布截至2025年6月30日止6个月中期业绩，集团收益人民币1.85亿元，同比增长 10.35%;股东应占溢利1883.8万元，同比减少21.78%;每股盈利4.71分。 ...

宋都服务(09608)发布截至2025年6月30日止六个月中期业绩，收入1.16亿元(人民币，下同);毛利3083.7 万元，同比增加40.94%;股东应占溢利1055.7万元，同比增加98.81%;每股基本盈利0.27分。 公告称，物业管理服务主要包括保安、清洁、园艺、公共区域及公共设施的维修及养护以及配套服务。 集团的在管物业组合包括住宅物业及非住宅物业。期内，集团实现收入9390万元，较2024年同期收入 9220万元上升1.8%，占期内总收入80.6%，是集团主要收入来源。收入的增长主要由于部分项目物业费 提价，聚焦于优质高价项目的经营。 ...

Core Viewpoint - The company maintains a "buy" rating due to continuous improvement in profitability, steady growth in managed area, and effective operational efficiency in both property management and commercial management sectors [1][2]. Financial Performance - The company reported a revenue of 8.524 billion yuan for H1 2025, representing a year-on-year increase of 6.5% [2]. - The net profit attributable to shareholders reached 2.030 billion yuan, up 7.4% year-on-year, while the core net profit increased by 15.0% to 2.011 billion yuan [2]. - The gross margin improved by 3.1 percentage points to 37.1%, and the operating expense ratio decreased by 0.6 percentage points to 6.3% [2]. Dividend Distribution - The company declared a mid-year dividend of 0.529 yuan per share, an increase of 89.6% year-on-year, and for the first time, 100% of the core net profit was distributed [2]. Property Management Sector - Revenue from property management reached 3.501 billion yuan, a year-on-year increase of 8.8%, with a gross margin of 16.6% [2]. - The total managed area was 276 million square meters, with a 55.6% share from related parties [2]. - Non-owner value-added services saw a revenue decline of 34.6% to 220 million yuan, while owner value-added services decreased by 32.7% to 487 million yuan [2]. Commercial Management Sector - Revenue from shopping centers was 2.264 billion yuan, up 19.8%, with a gross margin of 78.7% [3]. - The average occupancy rate for shopping centers improved to 97.1%, with a year-on-year increase of 0.4 percentage points [3]. - Office buildings generated revenue of 2.065 billion yuan, a 7.1% increase, with an occupancy rate of 74.1% [3].

智通财经APP讯，中奥到家(01538)公布2025年中期业绩，收益约为8.995亿元，较2024年同期增加约 1.1%。毛利约为1.95亿元，较2024年同期增加约3.7%。纯利约为5890万元，较2024年同期增加约4.4%。 每股基本盈利为6.2分。 于2025年6月30日，该集团的已交付合约建筑面积为约5970万平方米，管理中国47个城市的552个住宅及 商业或政府楼宇等非住宅物业。 ...

Core Viewpoint - XinYuan Services (01895.HK) reported a revenue increase of approximately 11.0% to around RMB 450.0 million for the six months ending June 30, 2025 [1] Financial Performance - Total revenue rose by approximately 11.0% to around RMB 450.0 million [1] - Gross profit increased by approximately 17.5% to around RMB 155.4 million [1] - Profit attributable to owners increased by approximately 16.7% from RMB 50.9 million for the six months ending June 30, 2024, to around RMB 59.4 million [1] Dividend Announcement - The board of directors proposed an interim dividend of 2.77 Hong Kong cents per ordinary share [1]

于2025年6月30日，该集团的已交付合约建筑面积为约5970万平方米，管理中国47个城市的552个住宅及 商业或政府楼宇等非住宅物业。 中奥到家(01538)公布2025年中期业绩，收益约为8.995亿元，较2024年同期增加约1.1%。毛利约为1.95 亿元，较2024年同期增加约3.7%。纯利约为5890万元，较2024年同期增加约4.4%。每股基本盈利为6.2 分。 ...

Core Insights - Xinyuan Services (01895) reported a total revenue of approximately 450 million, representing an increase of about 11.0% year-on-year [1] - The profit attributable to owners was approximately 59.4 million, reflecting a year-on-year increase of about 16.7% [1] - Earnings per share stood at 10.29 cents, with an interim dividend of 2.77 Hong Kong cents per share [1] Business Strategy - The company adheres to a strategy of steady and quality growth, focusing on four driving forces: local deep cultivation, strategic cooperation, specialized regional expansion, and market-oriented bidding [1] - In the first half of 2025, the company achieved breakthroughs in non-residential sectors such as industrial parks, commercial complexes, scenic areas, schools, and hospitals, while maintaining a core focus on traditional residential property management [1] Operational Metrics - As of June 30, 2025, the company provided property management and value-added services in 71 cities across China, with a contracted building area of approximately 67.4 million square meters and 390 contracted projects [1] - The managed building area reached approximately 40.2 million square meters, with 271 managed projects [1]

Core Insights - Xinyuan Services (01895) reported a total revenue of approximately 450 million, representing an increase of about 11.0% year-on-year [1] - The profit attributable to the company's owners was approximately 59.4 million, reflecting a year-on-year increase of about 16.7% [1] - Earnings per share stood at 10.29 cents, with an interim dividend of 2.77 Hong Kong cents per share [1] Business Strategy - The company adheres to a strategy of steady and quality growth, focusing on four driving forces: local deep cultivation, strategic cooperation, regional specialization, and market-oriented bidding [1] - In the first half of 2025, the company achieved breakthroughs in non-residential sectors such as industrial parks, commercial complexes, scenic areas, schools, and hospitals, in addition to its core residential business [1] Operational Metrics - In the first half of 2025, the total signed area reached 7.3 million square meters, with residential accounting for 3.34 million square meters and non-residential for 3.96 million square meters, indicating an increased proportion of non-residential sectors [1] - As of June 30, 2025, the company provided property management and value-added services in 71 cities across China, with a contracted building area of approximately 67.4 million square meters and 390 contracted projects [1] - The managed building area was approximately 40.2 million square meters, with 271 managed projects [1]

Core Insights - The company achieved a revenue of 8.4 billion yuan in the first half of 2025, representing an 8% year-on-year growth, and a net profit attributable to shareholders of 900 million yuan, which is a 5% increase compared to the previous year [1] Group 1: Property Management Business - The property management business generated revenue of 6.3 billion yuan in the first half of 2025, marking a 13.1% year-on-year increase, with residential, commercial, and public service revenues at 3.6 billion, 1.1 billion, and 1.6 billion yuan respectively [2] - The gross margin for the property management business was 16.6%, a slight decrease of 0.2 percentage points year-on-year [2] - The company operates in 191 cities with 2,912 projects under management, covering an area of 830 million square meters, and has a total of 3,269 contracted projects covering 1 billion square meters [2] Group 2: Community Value-Added Services - Revenue from community value-added services was 1.2 billion yuan in the first half of 2025, showing a slight decline, while the gross margin improved to 39.9%, an increase of 1.1 percentage points year-on-year [3] - The community life service revenue accounted for 77% of the total community value-added services, while community asset management services made up 23% [3] - The company focused on high-quality cities, with new contract amounts from the core 50 cities accounting for 84.6%, a growth of 5.1 percentage points year-on-year [3] Group 3: Investment Outlook - The company maintains its profit forecast, expecting net profits attributable to shareholders of 1.6 billion and 1.7 billion yuan for 2025 and 2026 respectively, with corresponding EPS of 2.85 and 3.05 yuan [3] - The price-to-earnings ratio based on the latest stock price is projected to be 10.9 and 10.2 times for 2025 and 2026 respectively [3]