BINJIANG SER (03316) Releases Interim Results with Profit Attributable to Equity Shareholders of RMB 298 Million, Up 12.21% Year-on-Year

Stock News
08/21

BINJIANG SER (03316) announced its interim results for the six months ended June 30, 2025, reporting revenue of RMB 20.25 billion, representing a year-on-year increase of 22.7%. Profit attributable to equity shareholders reached RMB 298 million, up 12.21% year-on-year. Basic earnings per share stood at RMB 1.08, with a proposed interim dividend of HKD 0.826 per share.

According to the announcement, during the reporting period: (i) property management services remained the group's largest source of revenue and profit, accounting for 57.2% of total revenue; and (ii) 5S value-added services constituted the group's second-largest revenue source, representing 32.2% of total revenue.

Property management services encompass security, cleaning, landscaping, repairs, maintenance, land management, and supporting services. Revenue from this segment reached RMB 11.58 billion, compared to RMB 9.05 billion in the same period of 2024, representing an increase of 27.9% and serving as the group's primary revenue source, accounting for 57.2% of total revenue for the six months ended June 30, 2025. The revenue increase was primarily attributed to the group's business expansion and the growth in the number of projects.

Revenue generated from providing property management services to properties developed by Binjiang Group amounted to RMB 582 million, compared to RMB 449 million in the same period of 2024, representing a year-on-year increase of 29.6% and accounting for 50.3% of property management service revenue during the reporting period.

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