Ruian Real Estate announces its mid-term performance for 2025.
On August 28th, Rui'an Real Estate released its mid-year report, recording a profit of 81 million yuan, with a net profit attributable to shareholders of 51 million yuan. Excluding the impact of fair value depreciation of investment properties, the group's core profit increased by 144% year-on-year to 263 million yuan. Rui'an Real Estate's Chief Financial Officer and Chief Investment Officer, Sun Xihao, stated that despite facing ongoing challenges in the Chinese real estate market, the group maintains financial stability, with a healthy net asset-liability ratio of 51%.
Latest