Greentown China revenue falls 23% despite record cash

Greentown China reported revenue of RMB53.368 billion for H1 2025, down 23.3% from RMB69.562 billion a year earlier. Profit attributable to owners plunged 89.7% to RMB0.21 billion.

The company's cash position reached a record RMB66.795 billion, while short-term borrowings fell to a record low of 16.3% of total borrowings. Contracted sales totaled RMB122.2 billion, ranking second in the industry.