Logan Group Reports RMB3.98 Billion in Contracted Sales, RMB1.96 Billion Net Loss for H1 2025

Reuters
08/27
Logan Group Reports RMB3.98 Billion in Contracted Sales, RMB1.96 Billion Net Loss for H1 2025

Logan Group Company Limited has announced its unaudited interim results for the six months ended 30 June 2025. The company's contracted sales amounted to RMB3.98 billion, while revenue reached RMB3.40 billion. The company reported a net loss of RMB1.96 billion for the period, primarily attributed to a low gross profit margin due to the continuing downturn in the real estate industry and a provision for impairment of inventories. Comparing this to the same period in 2024, there is a noticeable decline in revenue from contracts with customers, which decreased from RMB13.98 billion to RMB3.27 billion. Additionally, gross rental income from investment property operating leases contributed only RMB135 million, down from RMB181 million in the prior year. The interim results highlight the ongoing challenges faced by the Logan Group in the current real estate market environment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Logan Group Co. Ltd. published the original content used to generate this news brief on August 27, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10