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Revenue for the first nine months fell 4.95% year-over-year, with net profit down 75.31% amid industry headwinds and declining project profitability. Asset-liability ratio improved slightly, and policy support in core cities is ongoing.
Original document: Poly Developments & Holdings Group Co., Ltd. Class A [600048] Interim report — Oct. 22 2025
Revenue and net profit dropped sharply year-over-year, but operating cash flow turned positive and debt metrics improved. Contracted sales and area declined, while core cities and asset operations showed resilience. The company strengthened risk control, financing, and cost management amid a challenging market.
Original document: Poly Developments & Holdings Group Co., Ltd. Class A [600048] Interim report — Aug. 26 2025
Poly Developments and Holdings' net profit attributable to shareholders for the first half dropped 63% to 273.5 million yuan, or 0.23 yuan per share, from the year-ago profit of almost 742 million yuan, or 0.62 yuan per share, according to a Shanghai bourse filing on Tuesday.
The Chinese diversified property developer's total operating revenue fell 16% year on year to 11.7 billion yuan from 13.9 billion yuan.
The company's shares slipped less than 2% during afternoon trade.
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