China SCE Group Reports 25.4% Revenue Drop, Reduced Net Loss for H1 2025

Reuters
Aug 28
China SCE Group Reports 25.4% Revenue Drop, Reduced Net Loss for H1 2025

China SCE Group Holdings Ltd. has announced its unaudited consolidated interim results for the six months ended June 30, 2025. The company reported a revenue of approximately RMB18.52 billion, reflecting a 25.4% decrease from RMB24.82 billion in the same period in 2024. This decline was mainly attributable to a 26.9% decrease in income from property sales, which fell from approximately RMB23.93 billion in 2024 to RMB17.48 billion in 2025. The gross profit margin increased to 20.8%, and the contracted sales amount stood at approximately RMB3.74 billion. The loss attributable to owners of the parent decreased to approximately RMB3.48 billion. The company emphasized its focus on refining its business layout, driving synergy across segments, and enhancing operational efficiency and brand value to stand out in a competitive market and achieve sustainable development.

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