FilingReader Intelligence
Vanke reports RMB11.95bn net loss amid asset impairments
August 22, 2025 at 07:04 PM UTC•By FilingReader AI
China Vanke reported a net loss of RMB11.95 billion for the first half of 2025, compared to a profit in the same period last year. The loss was driven by plummeting property sales and RMB5.45 billion in asset impairment provisions.
To address liquidity challenges, Vanke secured RMB238.8 billion in shareholder loans from largest shareholder Shenzhen Metro Group and realized RMB64.3 billion from bulk asset sales.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
2025 semi-annual reportAugust 22, 2025 at 08:00 AM UTC
2025 semi-annual report summaryAugust 22, 2025 at 08:00 AM UTC
Announcement regarding the provision for and write-off of impairment losses for the first half of 2025August 22, 2025 at 08:00 AM UTC
Summary table of semi-annual non-operating fund appropriation and other related party fund transactionsAugust 22, 2025 at 08:00 AM UTC
measures for the administration of raised fundsAugust 22, 2025 at 08:00 AM UTC
Measures for the administration of information disclosureAugust 22, 2025 at 08:00 AM UTC
Announcement on cumulative litigation and arbitration casesAugust 22, 2025 at 08:00 AM UTC
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