New Hope Service reports H1 2025 revenue and profit growth

New Hope Service Holdings Limited announced its interim results for the six months ended June 30, 2025, reporting total revenue of RMB739.8m, a 4.3% increase from RMB709.0m in the corresponding period of 2024. Property management services were the largest contributor, with revenue growing 15.2% to RMB467.1m, accounting for 63.1% of total revenue. Lifestyle services also saw a 3.6% rise to RMB176.6m. However, commercial operational services and value-added services to non-property owners experienced declines of 26.1% and 29.2%, respectively.

The company's gross profit increased slightly by 0.6% to RMB233.7m, with a gross profit margin of 31.6%. Profit attributable to equity shareholders grew by 2.4% to RMB120.9m. Net cash flow from operating activities significantly improved, reaching RMB21.0m compared to a negative RMB26.1m in the prior year. The Board recommended an interim dividend of HK$0.110 per share, up from HK$0.090 per share in 2024.

As of June 30, 2025, the Group managed 254 projects with a gross floor area (GFA) of approximately 38.0m sq.m., an increase of 7.4%. Contracted projects reached 269, covering 41.4m sq.m., up 2.2%. Third-party projects contributed RMB560m in contracted amount during the period. The company also highlighted its continued focus on digital operation, with the rollout of an "AI + robot + human" model to 200 projects, aimed at cost reduction and efficiency improvement.