China Resources Mixc Lifestyle Services reports strong H1 2025 growth

For the six months ended June 30, 2025, China Resources Mixc Lifestyle Services reported a consolidated revenue of 8,523.5 million yuan, marking a 6.5% year-on-year increase. Core net profit rose significantly by 15.0% to 2,011.2 million yuan, with a gross profit of 3,165.1 million yuan, up 16.3% year-on-year. The gross profit margin improved by 3.1 percentage points to 37.1%. The board declared an interim dividend of 0.529 yuan per share and a special dividend of 0.352 yuan per share.

The commercial management business saw strong growth, with four new shopping malls opened, bringing the total to 125. Retail sales in operated shopping malls reached 122.0 billion yuan, a 21.1% year-on-year increase. Rental income from property owners increased by 17.2% to 14.7 billion yuan. Property management business revenue from community space services amounted to 3,500.7 million yuan, an 8.8% increase, while urban space property management services generated 949.2 million yuan, up 15.1%.

Ecosystem business revenue surged by 104.0% to 100.2 million yuan. The group’s total MIXC Star members reached 72.37 million, an 18.5% increase from the end of 2024. Total MIXC Star points distributed amounted to 590 million yuan, up 18.0%. The gearing ratio stood at 49.3%, an increase of 6.6 percentage points from the end of the previous period.