Central China Real Estate (00832) announced its annual results for the period ending December 31, 2025. The group recorded revenue of 11.817 billion yuan, a decrease of 26.46% compared to the previous year. The loss attributable to the company's equity holders was 3.045 billion yuan, narrowing by 7.93% year-on-year. The loss per share was 103.23 fen. The decrease in revenue was primarily attributed to the combined effects of the macroeconomic environment and the downturn in the real estate market, leading to a decline in the number of properties delivered during the year and consequently a reduction in recognized revenue. The company continues to implement a prudent land acquisition policy and is accelerating its project development processes to shorten the development cycle. The group reported a loss attributable to equity holders of approximately 3.045 billion yuan for the year ended December 31, 2025 (2024: approximately 3.308 billion yuan). This was mainly due to the combined impact of the macroeconomic situation and the real estate market downturn, resulting in provisions for the impairment of inventory and receivables, as well as a decrease in recognized real estate revenue and gross profit margin.