JINKE SERVICES (09666) announced its interim results for 2025, reporting total revenue of approximately RMB 2.335 billion, representing a year-on-year decrease of about 3.1%. Gross profit reached approximately RMB 458 million, down about 1.4% compared to the same period last year. The company recorded a profit attributable to owners of RMB 65.02 million, successfully turning from loss to profit year-on-year, with basic earnings per share of RMB 0.11.

According to the announcement, other net losses decreased significantly by approximately 68.5% year-on-year to RMB 11.2 million during the period. This improvement was primarily attributed to the fact that in the same period of 2024, affected by macroeconomic conditions, the group had made goodwill impairment provisions for property management companies acquired in historical periods. During the current period, no further impairment indicators were observed, resulting in a year-on-year reduction in impairment losses.

Administrative expenses decreased by approximately 41.9% year-on-year to about RMB 177 million. This reduction was mainly due to the group's effective implementation of cost reduction and efficiency improvement strategies, as well as the absence of new share-based incentive grants to high-level employees during the period.

Trade payables and bills payable decreased by approximately 27.1% year-on-year to RMB 738.5 million, primarily due to the group's strategy of reducing payment cycles to independent third-party trade payables in order to obtain lower service prices from suppliers.