Sunac Services: Approximately 203 million yuan in attributable profit to the company's owners in 2025, turning losses into profits | Financial Highlights

On the evening of March 25, Sunac Services released its annual performance announcement for 2025.

The announcement shows that the group’s revenue for 2025 is approximately RMB 6.816 billion, a year-on-year decrease of about 2.2%, mainly due to the sale of equity in its subsidiary, Zhangtai Service Group Co., Ltd., which will no longer be included in the group’s consolidated financial statements after August 2025; excluding this impact, the group’s revenue is approximately RMB 6.487 billion, a slight increase year-on-year.

During the period, the group’s gross profit is approximately RMB 1.252 billion, with a gross profit margin of about 18.4%, a year-on-year decrease of about 3.5 percentage points, mainly due to the group’s deferral of recognizing revenue from several third-party clients for which performance obligations have been fulfilled but have high collection risks, as well as increased maintenance costs arising from the expiration of warranty on projects delivered in recent years.

During the period, the profit attributable to the owners of the company is approximately RMB 203 million, compared to a loss of approximately RMB 451 million attributable to the owners of the company in the same period last year, achieving a turnaround from loss to profit.