Landsea Green Life Reports 88.9% Drop in Profit, Revenue of GFA Under Management Up 3.3%

Reuters
08/29
Landsea Green Life Reports 88.9% Drop in Profit, Revenue of GFA Under Management Up 3.3%

Landsea Green Life Service Co. Ltd. has released its interim results for the six months ended 30 June 2025. The company reported a significant decrease in Profit for the Period, which stood at approximately RMB1 million, down by about 88.9% from approximately RMB9 million for the same period in 2024. The Group's contracted gross floor area $(GFA)$ as of 30 June 2025 expanded to approximately 33.06 million sq.m., with around 28.79 million sq.m. under management, marking a 0.6% increase compared to 31 December 2024. Despite the challenges in the real estate industry, Landsea Green Life achieved a 3.3% year-on-year increase in total revenue from GFA under management. The company has continued its digital transformation, with its online utility consumption allocation management system now covering 71% of projects under management. No dividends were paid or proposed during the reporting period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Landsea Green Life Service Co. Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

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