CC NEW LIFE Reports Annual Profit Decline of 26.61%

Stock News
Mar 20

CC NEW LIFE (09983) announced its financial results for the year ended December 31, 2025. The company recorded revenue of RMB 2.768 billion, a decrease of 6.22% compared to the previous year. Profit attributable to shareholders was RMB 157 million, down 26.61% year-on-year. Earnings per share stood at RMB 0.12.

As of December 31, 2025, the group's total managed area was 195 million square meters, a reduction of 2.3 million square meters from December 31, 2024, representing a decrease of 1.2%. The decline in managed area was primarily due to the voluntary withdrawal from the management of unprofitable residential communities.

During the year, the average property management fee for the group's residential projects was approximately RMB 1.77 per square meter per month (2024: RMB 1.75 per square meter per month), remaining relatively stable compared to the previous year.

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