Zhuguang Holdings Group H1 Revenue Rises 103% to HK$1.47 Billion; Net Loss Narrows to HK$246 Million

Reuters
09/29
Zhuguang Holdings Group H1 Revenue Rises 103% to HK$1.47 Billion; Net Loss Narrows to HK$246 Million

Zhuguang Holdings Group Company Ltd. reported total revenue of HK$1.47 billion for the six months ended 30 June 2025, representing an increase of approximately 103% compared to HK$724 million in the corresponding period of 2024. The rise was primarily driven by the property development segment, which recorded revenue of HK$895 million, up from HK$101 million in the prior year period, largely due to an increase in the number of properties delivered. Revenue from project management services was HK$507 million, compared to HK$514 million in the same period of 2024. Revenue from property investment and hotel operation was HK$65 million, down from HK$108 million last year. The Group reported a loss for the period of HK$246 million, an improvement from the loss of HK$859 million recorded in the first half of 2024. The loss attributable to owners of the parent was HK$213 million, compared to HK$834 million in the previous year. The Group also recorded a net fair value loss on investment properties of HK$181 million, up from HK$120 million in the prior year period. As of 30 June 2025, total assets stood at HK$33.20 billion, with total liabilities of HK$30.13 billion and total equity of HK$3.07 billion. The company stated it will continue to focus on executing its pre-defined strategies and advance its approach of "optimising structure, strengthening capabilities, and enhancing quality" to address challenges in China's real estate sector.

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. Zhuguang Holdings Group Company Ltd. published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein.

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