Zhong An Intelligent Living Service Limited Reports 2024 Net Profit Down 24% to RMB37.3 Million

Reuters
2025/12/01
Zhong An Intelligent Living Service Limited Reports 2024 Net Profit Down 24% to RMB37.3 Million

Zhong An Intelligent Living Service Limited, a subsidiary of Zhong An Group Limited, has announced its financial results for the year ended 31 December 2024. The company reported a profit before tax of RMB52.73 million, compared to RMB69.315 million in the previous year, reflecting a decrease. Profit after tax for 2024 was RMB37.341 million, down from RMB49.424 million in 2023. As of 30 June 2025, Zhong An Intelligent Living Service Limited reported unaudited net assets of approximately RMB300.278 million, compared to RMB299.343 million as of 30 June 2024. In a significant business update, the company's parent, Zhong An Group Limited, is reducing its ownership stake in Zhong An Intelligent. Following the completion of a planned placement of 37 million shares, the parent company's indirect shareholding will decrease from approximately 71.28% to 64.13%. Zhong An Intelligent Living Service Limited will remain a subsidiary and its financial results will continue to be consolidated into the group's financial statements.

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. Zhong An Group Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251201-11937819), on December 01, 2025, and is solely responsible for the information contained therein.

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