本季度信息
裕田中国发展公布截至2025年9月30日的2025/26上半财年业绩，报告期内实现营收2,169.4万港元，同比增长约4.6%。毛利约1,117.2万港元，与上年同期基本持平。期内经营活动所用现金净额约982.5万港元，上年同期为流出247.6万港元。
从成本结构看，销售成本约1,052.2万港元（上年同期约956.1万港元），销售及分销开支约287.9万港元（上年同期约525.2万港元），管理费用约1,762.9万港元（上年同期约2,041.1万港元）。财务费用约1,928.5万港元，上年同期约1,646.3万港元，主要与借款及利率有关。
业务分项
报告期内，物业管理业务在银川、武汉及呼和浩特继续扩展，物业管理收入整体约1,167.0万港元。银川项目整体出租率约89.2%。秦皇岛项目一期部分建筑仍在积极推进开发与合作事宜。
高管解读
（无相关原文“高管表述”内容，故本段落无信息）
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