JY Grandmark Holdings Reports 81.5% Revenue Drop, Posts RMB142.6 Million Loss for H1 2025

Reuters

Aug 27

JY Grandmark Holdings Reports 81.5% Revenue Drop, Posts RMB142.6 Million Loss for H1 2025

JY Grandmark Holdings Ltd. announced its unaudited interim results for the first half of 2025, revealing a challenging period for the company amid a sluggish domestic real estate market in mainland China. The Group reported a contracted sales amount of RMB210.4 million, marking a year-on-year decrease of 35%. However, the contracted sales gross floor area saw a year-on-year increase of 48.6%, reaching approximately 52,000 square meters. Recognized revenue amounted to RMB425.2 million, which represents a significant year-on-year decrease of 81.5%. The company reported a loss of RMB190.6 million for the period, with a loss attributable to owners of the Company at RMB142.6 million. Due to these results, the Board resolved not to declare the payment of an interim dividend for the six months ended 30 June 2025. The company is focusing on optimizing its business structure to minimize market impact and create opportunities for survival and development, aiming to preserve value for all stakeholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JY Grandmark Holdings Ltd. published the original content used to generate this news brief on August 27, 2025, and is solely responsible for the information contained therein.

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