Kingwell Group (1195) released its annual results for the year ended 30 June 2025. According to the announcement, the Group’s revenue was RMB70.9 million, representing a 0.75% decrease compared to the previous fiscal year. Gross profit amounted to RMB20.2 million.
Profit before tax this period reached RMB0.6 million. However, the loss for the year attributable to owners of the Company stood at RMB5.0 million, while the total comprehensive loss for the year attributable to owners also reached RMB5.0 million. Basic loss per share was RMB0.17 cents.
The announcement indicates that Kingwell Group focuses on property development, property leasing, and property management services. During the reporting period, the Group continued its property management ventures through multiple subsidiaries in Mainland China, managing approximately 3,304,248 square meters in total. Some subsidiaries also hold and manage commercial buildings and parking lots. The Group’s total equity decreased to RMB116.8 million, and net current assets reached RMB95.1 million.
Management highlighted efforts to control costs and implement strategies to generate stable revenue from property management services amid a challenging real estate environment in the PRC. The Board does not recommend any final dividend for the year ended 30 June 2025.