KRP DEVELOPMENT (02421) Reports Interim Results: Net Profit Attributable to Shareholders Drops 51% YoY to RMB10.04 Million

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Nov 25, 2025

KRP DEVELOPMENT (02421) announced its interim results for the six months ended September 30, 2025. The group recorded revenue of RMB68.82 million, a 34% year-on-year decrease. Net profit attributable to equity holders stood at RMB10.04 million, down 51% compared to the same period last year. Basic and diluted earnings per share were RMB0.02.

During the reporting period, the group recognized a fair value loss of RMB1.97 million due to the reclassification of certain retail properties from inventory to investment properties. This adjustment aligns with the group's asset allocation strategy, aimed at enhancing the long-term income potential of its portfolio.

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The group recorded revenue of RMB68.82 million, a 34% year-on-year decrease. Net profit attributable to equity holders stood at RMB10.04 million, down 51% compared to the same period last year. Basic and diluted earnings per share were RMB0.02.</p>\n<p>During the reporting period, the group recognized a fair value loss of RMB1.97 million due to the reclassification of certain retail properties from inventory to investment properties. 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