STARJOY W&T (03662) Reports Interim Results: Shareholders' Profit of RMB 24.997 Million, Down 69.38% YoY

Stock News
Aug 28

STARJOY W&T (03662) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 611 million, representing a year-on-year decrease of 12.74%. Net profit attributable to owners was RMB 24.997 million, down 69.38% compared to the same period last year. Earnings per share stood at 3.44 cents.

During the first half of 2025, the group steadfastly implemented high-quality development principles, focusing on deepening synergistic coordination among various business segments and systematically integrating resource endowments to significantly enhance synergistic efficiency, supporting the group's overall benefit maximization.

The company comprehensively promoted an operational strategy emphasizing both "efficiency enhancement and value creation." On one hand, the group focused on refined operations, systematically improving internal resource utilization efficiency through continuous optimization of business processes and structural cost reduction measures. On the other hand, the group actively conducted market insights and resource integration, exploring and cultivating innovative revenue channels with potential to expand business growth boundaries.

This dual-driven model of "internal efficiency and external expansion" aims to achieve effective optimization of cost structure and synergistic growth in overall operational benefits, ultimately promoting simultaneous improvement in operational efficiency and profitability while building a more resilient value creation loop.

As of June 30, 2025, the group provided property management services to 213 properties (including sales centers) across 62 cities in 22 provinces, municipalities, and autonomous regions in China, with managed chargeable gross floor area of approximately 33.9 million square meters.

Adhering to sustainable development concepts, the group prioritizes deepening customer relationships and optimizing residential experiences as core objectives. In the first half of 2025, the company closely focused on the strategic pillars of "lean operations, innovative expansion, and value empowerment," continuously consolidating its development foundation and exploring growth momentum through precise resource allocation and innovative model upgrades, committed to creating higher-quality living environments and more valuable service systems for property owners while achieving steady progress and continuous enhancement of market competitiveness.

As of June 30, 2025, the group's commercial operation service network covered 15 shopping mall and office building projects across 10 cities nationwide, with total managed gross floor area of approximately 549,000 square meters.

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