Japan Kyosei Group Reports 45% Drop in Revenue, 96% Reduction in Loss for H1 2025

Reuters
Aug 29
<a href="https://laohu8.com/S/00627">Japan Kyosei</a> Group Reports 45% Drop in Revenue, 96% Reduction in Loss for H1 2025

Japan Kyosei Group Co. Ltd. has announced its unaudited interim results for the six months ended 30 June 2025. The company reported a revenue of RMB 33.19 million, a significant decline of 45% compared to the RMB 60.71 million recorded in the corresponding period in 2024. Despite this decrease in revenue, the company achieved a gross profit of RMB 0.87 million, a notable improvement from a gross loss of RMB 63.78 million in the previous year, marking a positive change of 101%. The company reported a loss before taxation of RMB 13.40 million, a significant reduction from the RMB 332.42 million loss before taxation in the same period in 2024, reflecting a 96% improvement. Similarly, the loss for the period stood at RMB 13.43 million, compared to the loss of RMB 312.01 million in the previous year, also marking a 96% improvement. Revenue from sales of completed properties drastically decreased to RMB 3.024 million from RMB 60.295 million. However, the sales of commodities contributed RMB 30 million to the revenue, which was not present in the previous year's figures. Overall, the performance of Japan Kyosei Group Co. Ltd. in the first half of 2025 shows significant improvements in reducing losses despite the decline in revenue from property sales.

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