GREENTOWN MGMT (09979) has announced an expected decline in its net profit attributable to shareholders for the 2025 fiscal year. The projected decrease is approximately 40% to 50% compared to the approximately RMB 801 million recorded for the year ended December 31, 2024. This anticipated reduction is primarily attributed to intensified competition within the project management and construction sector, a decline in project revenue, and the impact of rigid personnel costs leading to a contraction in gross profit.
For the year ending December 31, 2025, the Group secured new project management contracts with a total gross floor area of approximately 35.35 million square meters. The estimated management fees for these newly acquired projects amount to roughly RMB 9.35 billion. The company has maintained a market share exceeding 20% for ten consecutive years, reinforcing its leading position in the industry. The repeat commission rate has increased for three straight years, reaching 26%. Key performance indicators, including market share in major provinces and the project initiation rate for new contracts, have shown steady improvement.
The company delivered high-quality projects covering approximately 14.51 million square meters, marking the fifth consecutive year that its delivery area has surpassed 10 million square meters, securing its top rank in the sector. Customer and owner satisfaction levels remain high. Operational cash flow continues to improve, and the company's financial position is described as healthy and sound, providing a solid foundation for high-quality and stable development.
Furthermore, in 2025, the company repurchased and canceled a total of 10 million ordinary shares. It also distributed an interim dividend for the first time, amounting to RMB 0.076 per share. Through these diversified measures, the company aims to consistently generate stable and quality returns for its shareholders.