China Aoyuan Reports 5.7% Revenue Decline and Significant Net Loss for H1 2025

Reuters
Aug 28
<a href="https://laohu8.com/S/CAOYF">China Aoyuan</a> Reports 5.7% Revenue Decline and Significant Net Loss for H1 2025

China Aoyuan Group Limited has reported its unaudited interim results for the six months ended 30 June 2025. The company's total revenue reached approximately RMB4.466 billion, marking a decrease of about RMB268 million or 5.7% compared to RMB4.734 billion in the same period of 2024. Revenue from property development, which constitutes the bulk of the company's income, amounted to approximately RMB3.829 billion, down by RMB165 million or 4.1% from RMB3.994 billion in the previous year. Despite this, the gross floor area $(GFA)$ of delivered properties increased by 24.4% to 0.51 million square meters from 0.41 million square meters in 2024. The company reported a gross loss of RMB2.841 billion, an increase from the gross loss of RMB203 million recorded in the corresponding period last year. Additionally, other income, gains, and losses, net, amounted to a loss of RMB1.588 billion, a significant change from the gain of RMB26.334 billion in the previous period. The loss before tax for the reporting period was RMB9.227 billion, indicating a substantial decline in financial performance. There was no specific outlook or guidance included in the announcement.

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