FilingReader Intelligence
China New City Group revenue plunges 87.5% on property slump
August 22, 2025 at 02:53 PM UTC•By FilingReader AI
China New City Group reported revenue fell 87.5% to RMB366m in the six months to June 30, driven by a RMB2.5bn drop in property sales.
The company swung to a RMB39m loss from a RMB348m profit a year earlier, while gross profit plunged 95.1% to RMB77m.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
HKEX:1321•Hong Kong Exchange
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