SHIMAO SERVICES (00873) announced its 2025 financial results, reporting revenue of 7.88 billion yuan, largely unchanged from the previous year. Gross profit reached approximately 1.4 billion yuan, while operating profit stood at 161.5 million yuan, marking a turnaround from a loss in the prior year. Profit attributable to equity holders was approximately 103 million yuan, and core net profit attributable to equity holders reached about 524 million yuan, both reversing losses compared to the previous year. Basic earnings per share were 0.04 yuan.
The managed gross floor area totaled approximately 221 million square meters, an increase of 1.3% year-on-year, while the contracted gross floor area reached approximately 335 million square meters, up 6.5% from the previous year. The growth in managed and contracted areas was attributed to two factors: first, the company’s market expansion team actively pursued opportunities and strategically focused on diverse sectors such as residential, office, and public buildings, driving high-quality property project expansions and strategic partnerships to steadily increase market presence and management scale; second, SHIMAO GROUP delivered projects steadily, contributing to the growth in managed floor area.
In 2025, SHIMAO SERVICES remained committed to its core market expansion objectives, demonstrating determination and proactive efforts to achieve new performance heights. Multiple key indicators repeatedly set new historical records. The annual new contracted annualized value amounted to approximately 1.974 billion yuan, representing a 33.1% increase year-on-year. New contracted gross floor area reached 54.8 million square meters, up 27.1% from the previous year. The expansion pace accelerated, project quality improved, and growth momentum strengthened, with the market expansion team delivering another outstanding performance, injecting robust energy into the company’s high-quality development.