REDCO GROUP (01622) Reports Interim Results with Shareholder Loss of RMB 590 Million, Up 13.5% Year-on-Year

Stock News
08/28

REDCO GROUP (01622) announced its interim results for 2025, reporting revenue of RMB 988 million, down 73.8% year-on-year. The company recorded a loss attributable to owners of RMB 590 million, representing a 13.5% increase compared to the same period last year. Basic loss per share was 16.61 cents. The decrease in total revenue during the period was primarily driven by a reduction in the total gross floor area of property deliveries.

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