Financial Street cuts net loss 49% despite revenue drop

Financial Street Holdings reported a net loss of RMB 1.01 billion for the first half of 2025, a 49.20% reduction from RMB 1.98 billion loss in the same period last year, despite revenue falling 51.79% to RMB 4.65 billion.

Operating cash flow remained positive at RMB 1.61 billion, down 9.96% year-on-year. The company sold Jinmen Company and Huizhou Sheraton Hotel as part of strategic asset realignments.