China Cinda Asset Management Reports 17.7% Drop in Real Estate Sales Revenue, Achieves RMB754.4 Million Gain from Disposal Activities in H1 2025
China Cinda Asset Management Co. Ltd. reported its interim results for the first half of 2025. The company's net profit attributable to equity holders rose by 5.8% year-on-year, reaching RMB2,280.6 million. This increase represents an improvement of RMB124.7 million compared to the same period in 2024. However, the company faced a decline in fair value changes on distressed debt assets and other financial instruments, with decreases of RMB2,520.7 million and RMB2,712.0 million respectively, each falling by over 50% year-on-year. Additionally, the scale of property projects delivered by Cinda Real Estate dropped, leading to decreases in sales revenue and gross profit margin compared to the previous year. The company also reported a turnaround in net gains from the disposal of subsidiaries, associates, and joint ventures, shifting from a loss of RMB382.5 million in the first half of 2024 to a gain of RMB754.4 million in the first half of 2025.
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