Baoye Group Reports 34% Revenue Decline, 49% Drop in Operating Profit for H1 2025

Reuters
08/29
Baoye Group Reports 34% Revenue Decline, 49% Drop in Operating Profit for H1 2025

Baoye Group Company Limited announced its unaudited interim results for the six months ended 30 June 2025. The company reported a revenue of RMB8.50 billion, a decline from RMB12.77 billion in the same period last year. The gross profit also decreased to RMB508.7 million from RMB965.3 million year-over-year. The profit for the period stood at RMB143.4 million, down from RMB423.3 million in the previous year, with profit attributable to owners of the company reported at RMB141.0 million compared to RMB373.8 million in the corresponding period of 2024. The property development business of Baoye Group achieved a contract sales value of approximately RMB1.78 billion for the period. The revenue from property sales was primarily driven by projects in locations such as Lishui, Shaoxing, Bozhou, and Fuyang, with notable contributions from projects like Baoye Biou Jiayuan and Baoye Four Seasons Garden. The company noted a sharp decrease in property projects recognized during the period, along with a lower profit margin compared to the same period last year.

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. Baoye Group Company Limited published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10