Core Viewpoint - Jingrui Holdings (01862) reported a significant decline in revenue and an increase in losses for the first half of 2025, indicating ongoing challenges in the real estate market [1] Financial Performance - The company's revenue for the first half of 2025 was approximately 587 million, representing a year-on-year decrease of 76.21% [1] - The loss attributable to equity holders was about 2.006 billion, which is a 35.23% increase compared to the previous year [1] - Basic loss per share was reported at 1.3 yuan [1] Sales Performance - Revenue from property sales was around 150 million, a substantial decrease of approximately 92.5% compared to the same period last year [1] - The decline in sales revenue was primarily due to a reduction in the area of properties delivered during the reporting period [1] Land Reserves - As of June 30, 2025, the total land reserves of the group amounted to approximately 1,291,272 square meters, with an equity area of about 820,372 square meters [1]

Group 1 - The core viewpoint of the article highlights that Jingrui Holdings (01862) reported a significant decline in revenue and an increase in losses for the first half of 2025 [1] - The company's revenue for the first half of 2025 was approximately 587 million, representing a year-on-year decrease of 76.21% [1] - The loss attributable to equity holders was approximately 2.006 billion, which is a year-on-year increase of 35.23% [1] Group 2 - The revenue from property sales for the first half of 2025 was about 150 million, a decrease of approximately 92.5% compared to the same period last year [1] - The primary reason for the decline in property sales revenue was a reduction in the area of properties delivered during the review period [1] - As of June 30, 2025, the company's total land reserves amounted to approximately 1,291,272 square meters, with an equity area of about 820,372 square meters [1]