China Merchants Property Operation & Service reports solid half-year growth

China Merchants Property Operation & Service reported a 16.17% increase in operating revenue to 9.11 billion yuan and an 8.90% rise in net profit attributable to shareholders, reaching 474.04 million yuan for the first half of 2025. This growth was primarily driven by a 16.79% increase in property management services revenue and a 5.86% rise in asset management services revenue. The company’s total assets grew by 1.17% to 19.29 billion yuan, with net assets attributable to shareholders increasing by 2.05% to 10.63 billion yuan.

Operating cash flow improved by 17.29%, with a net outflow of 1.19 billion yuan. The company's basic and diluted earnings per share also increased by 9.01% to 0.4475 yuan. These financial updates were detailed in the semi-annual report and other related announcements, including a board resolution from August 26, 2025.

The board also affirmed the company's commitment to its strategic goals of light-asset, scalable, tech-driven, and market-oriented development, aiming for sustained high-quality growth. Shareholders were informed that no cash dividends or bonus shares would be distributed for the first half of 2025, consistent with the company's dividend policy.