Ruisen Life Service swings to profit despite trading suspension

Ruisen Life Service Co, Limited reported a significant turnaround in its financial performance for the six months ended June 30, 2025, moving from a net loss of RMB15.9 million in the prior period to a net profit of RMB57.5 million. Revenue increased by 4.1% to RMB997.0 million from RMB957.8 million year-on-year, primarily driven by new projects contributing to property management services, which rose by 14.8% to RMB789.8 million.

The company's gross profit grew by 7.7% to RMB151.0 million, with the gross profit margin improving from 14.6% to 15.1%. This was attributed to effective cost control and efficiency measures. The significant profit recovery was largely due to a substantial decrease in impairment losses on financial assets, which fell from RMB59.6 million in 2024 to RMB1.0 million in 2025.

Total equity increased by 24.8% to RMB266.4 million as of June 30, 2025. However, trading in the company's shares on the Stock Exchange remains suspended since August 28, 2024, pending fulfillment of resumption guidance.