SINO-OCEAN GP (03377) announced its annual results for the period ending December 31, 2025. The group reported revenue of RMB 14.837 billion, a decrease of 37.24% year-on-year. Profit attributable to the company's owners was RMB 6.756 billion, a significant turnaround from a loss of RMB 18.624 billion in the same period last year. Basic earnings per share were RMB 0.66.

The group, including its joint ventures and associates, remained committed to ensuring project deliveries. Between 2023 and 2025, it successfully delivered over 120,000 residential units. Revenue for the year stood at RMB 14.837 billion, down 37% compared to the previous year. During the year, the group actively promoted business transformation, with an increased contribution from capital-light operations. Income from property management and related services, along with other real estate-related businesses, rose to 41% of total revenue.

The annual profit was primarily driven by non-cash gains resulting from the completion of the group's offshore debt restructuring and significant progress made in its onshore debt restructuring efforts. Throughout the year, the group achieved major milestones in its debt reorganization, reducing total borrowings to RMB 50.852 billion and increasing total equity to RMB 1.899 billion.