SUNAC SERVICES (01516) announced its annual results for the period ended December 31, 2025. The group recorded revenue of 6.816 billion yuan (Renminbi, same below), a decrease of 2.2% compared to the previous year. Profit attributable to the company's owners was 203 million yuan, marking a turnaround from a loss to a profit year-on-year. Basic earnings per share were 0.07 yuan. The board proposed a final dividend of 0.01 yuan per share.

The decrease in revenue was primarily attributed to the group's divestment of its equity interest in the subsidiary Zhangtai Services Group Limited, which consequently ceased to be consolidated in the group's financial statements after August 2025. Excluding this impact, the group's revenue would have been approximately 6.487 billion yuan, representing a slight increase compared to the previous year.

For the year ended December 31, 2025, revenue from the group's property management and operational services was approximately 6.364 billion yuan, a decrease of approximately 15.7 million yuan (about 0.2%) compared to the year ended December 31, 2024. This reduction was also mainly due to the deconsolidation of Zhangtai Services after August 2025. Excluding this effect, revenue from property management and operational services for the year increased by 122 million yuan compared to the same period last year.

Categorized by project source, revenue from properties developed by SUNAC Group, its joint ventures, and associates amounted to approximately 4.664 billion yuan, accounting for about 73.3% of the total. Revenue from properties developed by independent third-party property developers was approximately 1.7 billion yuan, constituting about 26.7%.

By project type, revenue from residential properties was approximately 5.224 billion yuan, representing about 82.1% of the total. Revenue from non-residential properties was approximately 1.14 billion yuan, accounting for about 17.9%.

Revenue from community living services for the year ended December 31, 2025, was approximately 390 million yuan, a decrease of approximately 52.8 million yuan (about 11.9%) compared to the approximately 443 million yuan recorded for the year ended December 31, 2024.

Revenue from value-added services to non-property owners for the year ended December 31, 2025, was approximately 62.1 million yuan, a decrease of approximately 84.8 million yuan (about 57.7%) compared to the approximately 147 million yuan recorded for the previous year. This significant decrease was primarily due to a contraction in real estate business volume, coupled with the group's continued adherence to market-based principles in undertaking such business, leading to a continued decline in revenue for the 2025 fiscal year.