CHI MER LAND (00978) announced its interim results for 2025, reporting revenue of approximately HK$4.899 billion, down approximately 6.58% year-on-year. Losses attributable to company owners amounted to approximately HK$231 million, narrowing by 29.52% compared to the same period last year. Loss per share was 4.71 cents.

The announcement stated that the revenue decrease was due to the reduced total building area completed and delivered in the first half of 2025. The narrowing of losses was primarily attributed to improved performance in the real estate sales business segment. Projects delivered in Nanjing and Chongqing during this period achieved higher profit margins. Additionally, a joint venture company was converted to a consolidated subsidiary during the period, resulting in the accounting recognition of fair value gains exceeding HK$400 million, which contributed to the reduction in losses compared to the same period last year.