Financial Street Property Co. Ltd. Reports 4.4% Decline in Total Comprehensive Income to RMB68.42 Million for H1 2025; Revenue Increases Despite Lower Gross Profit Margin
Financial Street Property Co. Ltd. reported its unaudited consolidated results for the six months ended 30 June 2025. The group's total comprehensive income decreased to RMB68.42 million, down 4.40% from RMB71.57 million in the same period of 2024. The company attributed the decrease primarily to an exchange loss in the translation difference of foreign currency statements, combined with increased costs and a decline in gross profit margin. As of 30 June 2025, cash and bank balances stood at RMB1,603.17 million, compared to RMB1,639.21 million at the end of 2024. Net current assets were reported at RMB1,151.26 million. The group stated that revenue was mainly generated from property management and related services, as well as catering services. During the reporting period, the company focused on its core competencies in commercial office and public building sectors, with an emphasis on expanding in key urban clusters in first- and second-tier cities. Financial Street Property Co. Ltd. intends to further enhance service quality, optimize operational processes, and develop value-added service systems tailored to commercial properties to support long-term development and competitiveness.
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