EVERG SERVICES Reports 2025 Financial Results with 9.866 Billion Yuan in Attributable Profit

Stock News
03/27

EVERG SERVICES (06666) announced its annual results for the period ending December 31, 2025. Revenue reached 136.78 billion yuan, representing a year-on-year increase of 7.2%. Profit attributable to owners of the company was 9.866 billion yuan, a decrease of 3.4% compared to the previous year. Basic earnings per share were 0.09 yuan.

In property management services, the gross profit margin decreased by approximately 0.8 percentage points from about 16.0% in 2024 to about 15.2% in 2025. Specifically, the gross profit margin for basic property management services fell by about 0.7 percentage points from approximately 16.0% in 2024 to about 15.3% in 2025. This was primarily due to the group's focus on enhancing service quality, which led to increased investment in managed projects for facility and equipment upgrades, environmental improvements, landscaping enhancements, and lighting projects.

For community living services, the gross profit margin declined by about 1.2 percentage points from approximately 22.3% in 2024 to about 21.1% in 2025. The main reasons for this decrease were: (i) increased procurement of equipment such as charging piles and water dispensers; and (ii) greater investment in supply chain and digital-intelligent platform development to strengthen the competitive edge of community group buying services.

As of December 31, 2025, the group's managed area was approximately 601 million square meters. During the year, the cumulative newly signed third-party area reached about 45 million square meters, with contracted annual saturated revenue exceeding 1.1 billion yuan, a year-on-year increase of approximately 7.3%.

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