A-Living Services posts profit turnaround despite revenue dip in H1 2025

A-Living Smart City Services Co., Ltd. announced interim results for the six months ended June 30, 2025, reporting revenue of RMB6,465.4m, an 8.3% decrease from RMB7,050.8m in the restated corresponding period of 2024. Despite this, the company posted a net profit of RMB448.2m, a substantial recovery from a net loss of RMB1,544.4m in the prior year. Adjusted net profit for the period was RMB587.6m, down 17.0% year-on-year.

The company's gross profit decreased by 21.2% to RMB939.3m, with a margin of 14.5%, down 2.4 percentage points. Property management services revenue declined by 0.8% to RMB5,328.0m, while property owners' value-added services saw a 32.7% decrease to RMB519.5m. City services revenue fell 14.6% to RMB577.0m, and extended value-added services plunged 82.4% to RMB40.9m.

The board proposed an interim dividend of RMB0.062 per share (before tax), a 106.7% increase from RMB0.03 in 2024, amounting to a total of RMB87.95m. This dividend, payable in yuan for domestic shares and Hong Kong dollars for H shares, is subject to shareholder approval at an extraordinary general meeting, with payment expected around January 14, 2026.