Midea Real Estate Holdings reports surging interim profit, new dividend

For the six months ended June 30, 2025, Midea Real Estate Holding Limited reported revenue from continuing operations of 1,996.59m yuan, a 41.3% increase from 2024. Profit attributable to owners of the Company from continuing operations surged by 117.1% to 305.46m yuan, with basic earnings per share at 0.21 yuan. This growth was primarily fueled by property management services (up 8.7% to 929.99m yuan) and asset operation (up 13.9% to 274.93m yuan), alongside the introduction of project management services contributing 504.70m yuan.

The Group also declared an interim dividend of HK$0.15 per share for the six months ended June 30, 2025, payable on December 22, 2025. This marks a new dividend for the period, contrasting with nil for the corresponding period in 2024. The Company will close its register of members from December 3 to December 4, 2025, to determine dividend entitlements.

Despite a decrease in real estate technology revenue due to market conditions, the Group’s operating profit for continuing operations rose by 69.1% to 395.81m yuan. Total borrowing costs decreased substantially, with the Group reporting no borrowings as of June 30, 2025, following full repayment. The Group emphasized its strategic focus on four business pillars: project management, property management, asset operation, and real estate technology.