CHINA NEWCITY (01321) announced its 2025 interim results, reporting revenue of approximately HK$366 million, down 87.5% year-over-year; gross profit of HK$77.089 million, down 95.1% year-over-year; loss attributable to owners of the parent company of HK$35.522 million, turning from profit to loss compared to the same period last year; loss per share of 1.77 cents. The announcement stated that the decrease in revenue and gross profit was mainly due to a significant reduction in property sales business.
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