Mingfa Group Reports 28.6% Revenue Decline and RMB273.1 Million Loss for H1 2025; EPS Drops to (4.5) RMB Cents

Reuters

Aug 29

Mingfa Group Reports 28.6% Revenue Decline and RMB273.1 Million Loss for H1 2025; EPS Drops to (4.5) RMB Cents

Mingfa Group (International) Co. Ltd. has announced its unaudited interim results for the six months ended 30 June 2025. The company's consolidated revenue decreased by approximately 28.6% to RMB2,725.7 million, compared to RMB3,815.4 million in the corresponding period of 2024. This decline was attributed to a reduction in the gross floor area delivered to buyers and a decrease in gross margin from 31.9% in 2024 to 23.6% in 2025. The company reported a consolidated gross profit of RMB642.2 million, a decrease of approximately 47.3% from RMB1,219.0 million in the same period the previous year. Additionally, the unaudited consolidated loss attributable to equity holders amounted to RMB273.1 million for the six months ended 30 June 2025. The company has not provided any specific outlook or guidance for future periods at this time.

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. Mingfa Group (International) Co. Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

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Ltd. has announced its unaudited interim results for the six months ended 30 June 2025. The company's consolidated revenue decreased by approximately 28.6% to RMB2,725.7 million, compared to RMB3,815.4 million in the corresponding period of 2024. This decline was attributed to a reduction in the gross floor area delivered to buyers and a decrease in gross margin from 31.9% in 2024 to 23.6% in 2025. The company reported a consolidated gross profit of RMB642.2 million, a decrease of approximately 47.3% from RMB1,219.0 million in the same period the previous year. Additionally, the unaudited consolidated loss attributable to equity holders amounted to RMB273.1 million for the six months ended 30 June 2025. 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Ltd. has announced its unaudited interim results for the six months ended 30 June 2025. The company's consolidated revenue decreased by approximately 28.6% to RMB2,725.7 million, compared to RMB3,815.4 million in the corresponding period of 2024. This decline was attributed to a reduction in the gross floor area delivered to buyers and a decrease in gross margin from 31.9% in 2024 to 23.6% in 2025. The company reported a consolidated gross profit of RMB642.2 million, a decrease of approximately 47.3% from RMB1,219.0 million in the same period the previous year. Additionally, the unaudited consolidated loss attributable to equity holders amounted to RMB273.1 million for the six months ended 30 June 2025. The company has not provided any specific outlook or guidance for future periods at this time.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Mingfa Group (International) Co. Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00846","symbol_name":"明发集团","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250829:nNDLCg9S0:1","article_id":"2563021539","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2563021539","pubTimestamp":1756475792,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Mingfa Group  Co. Ltd. has announced its unaudited interim results for the six months ended 30 June 2025. The company's consolidated revenue decreased by approximately 28.6% to RMB2,725.7 million, compared to RMB3,815.4 million in the corresponding period of 2024. This decline was attributed to a reduction in the gross floor area delivered to buyers and a decrease in gross margin from 31.9% in 2024 to 23.6% in 2025. The company reported a consolidated gross profit of RMB642.2 million, a decrease of approximately 47.3% from RMB1,219.0 million in the same period the previous year. Additionally, the unaudited consolidated loss attributable to equity holders amounted to RMB273.1 million for the six months ended 30 June 2025. The company has not provided any specific outlook or guidance for future periods at this time.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this A","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"00846":"明发集团"},"translate_title":"明发集团报告2025年上半年收入下降28.6%，亏损人民币273.1百万元；每股收益降至(4.5)分","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00846":0.9},"content_text":"Mingfa Group Reports 28.6% Revenue Decline and RMB273.1 Million Loss for H1 2025; EPS Drops to (4.5) RMB Cents\n    \n\n        Mingfa Group (International) Co. Ltd. has announced its unaudited interim results for the six months ended 30 June 2025. The company's consolidated revenue decreased by approximately 28.6% to RMB2,725.7 million, compared to RMB3,815.4 million in the corresponding period of 2024. This decline was attributed to a reduction in the gross floor area delivered to buyers and a decrease in gross margin from 31.9% in 2024 to 23.6% in 2025. The company reported a consolidated gross profit of RMB642.2 million, a decrease of approximately 47.3% from RMB1,219.0 million in the same period the previous year. Additionally, the unaudited consolidated loss attributable to equity holders amounted to RMB273.1 million for the six months ended 30 June 2025. The company has not provided any specific outlook or guidance for future periods at this time.\n      \n\nDisclaimer: 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. Mingfa Group (International) Co. Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}