CHINA SANDI Reports Narrowed Interim Loss of 237 Million Yuan

Stock News
Mar 06

CHINA SANDI (00910) has announced its interim results for the six months ended June 30, 2025. The company recorded total revenue of approximately 316 million yuan, representing a significant increase of 63.6% compared to the same period last year. The loss attributable to the company's owners was 237 million yuan, narrowing by 18.24% year-on-year. The loss per share was 4.65 cents.

During the reporting period, the group achieved contracted sales of approximately 40.1 million yuan. The total contracted gross floor area was about 6,225 square meters. This represents a decrease of approximately 73.1% in contracted sales and a 51.8% reduction in total contracted gross floor area compared to the same period last year. The decline in contracted sales is primarily attributed to the ongoing downturn in the domestic real estate sales market.

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