Country Garden Holdings Company Limited has announced its unaudited interim results for the six months ended 30 June 2025. The Group reported a net loss of approximately RMB19.65 billion, with a net loss attributable to the owners of the Company reaching approximately RMB19.08 billion. Selling and marketing costs, along with administrative expenses, amounted to approximately RMB3.94 billion, marking a 18.9% year-on-year decrease. The Group's revenue and segment information indicated that the executive directors identified two main reportable segments: Property development and Technology-enabled construction. Losses before income tax were recorded at RMB15.35 billion, compared to RMB10.83 billion in the previous period. Income tax expenses were noted at RMB4.3 billion. The loss attributable to non-controlling interests was RMB575 million. Reflecting on the first half of 2025, the Company noted that real estate policies have consistently supported market stabilization and recovery, with central and local governments collaborating to expand the policy toolkit. About 170 cities and counties have rolled out over 340 policies to support these efforts.