Central China Real Estate Ltd. Reports 9.2% Revenue Decrease, Narrows Net Loss to RMB1,318 Million, EPS Hits RMB43.29 Cents
Reuters
Aug 29
<a href="https://laohu8.com/S/CNLLF">Central China Real Estate</a> Ltd. Reports 9.2% Revenue Decrease, Narrows Net Loss to RMB1,318 Million, EPS Hits RMB43.29 Cents
Central China Real Estate Ltd. has announced its unaudited condensed consolidated results for the six months ended 30 June 2025. The company's revenue for this period amounted to approximately RMB6.575 billion, marking a decrease of 9.2% compared to the corresponding period in 2024. Gross profit for the same period was approximately RMB542 million, reflecting a decline of 20.8% from 2024. The company reported a loss attributable to equity shareholders of approximately RMB1.277 billion, an improvement from the RMB2.609 billion loss recorded as of 30 June 2024. The overall loss for the period was approximately RMB1.318 billion, compared to a loss of approximately RMB2.826 billion in the previous year. The financial results indicate a challenging period for Central China Real Estate Ltd., with notable decreases in both revenue and gross profit. The company's loss figures, although still significant, show a reduction compared to the previous year, suggesting efforts to manage and improve financial performance. No specific guidance or outlook is provided in the announcement.
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