Redco Properties Group Ltd. has announced its financial results for the six months ended 30 June 2025. The Group reported a loss of RMB710.4 million for the period, an increase from the RMB631.1 million loss recorded in the same period of the previous year. Revenue primarily stemmed from the sale of properties, property management services, project management services, hotel operations, and community healthcare services, as well as rental income from leasing properties. The loss attributable to owners of the Company was RMB590.0 million, compared to RMB519.8 million in the first half of 2024. The Board of Directors has decided not to recommend the payment of an interim dividend for the six months ended 30 June 2025, as was the case in 2024. The Group's land bank stood at 9.8 million square meters as of 30 June 2025, down from 10.6 million square meters at the end of December 2024.
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