CHINA OVS PPT Reports Full-Year Results: Profit Attributable to Owners Declines 9.74% to RMB 13.67 Billion

Stock News
Mar 26

CHINA OVS PPT announced its annual results for the period ending December 31, 2025. The group recorded revenue of RMB 149.6 billion, an increase of 6% compared to the previous year. Profit attributable to ordinary equity holders was RMB 13.67 billion, a decrease of 9.74% year-on-year. Basic earnings per share were 41.62 cents, and a final dividend of 10 HK cents per share is proposed.

During the year ended December 31, 2025, the group added a gross floor area under management of 90.9 million square meters, of which 85.1% was sourced from independent third parties. The total value of newly signed contracts was approximately RMB 52.37 billion. Among the new contracts, non-residential projects accounted for a larger proportion, reaching 68.4% (of which urban operations accounted for 49.5%), while the remaining 31.6% were residential projects. The value of newly signed contracts for these categories amounted to approximately RMB 31.3 billion and RMB 21.07 billion, respectively.

Concurrently, the group continued to optimize its business structure and manage loss-making projects. The area of projects that reached contract expiration or were exited totaled 55.6 million square meters. As a result, as of December 31, 2025, the group’s total gross floor area under management increased by 35.3 million square meters compared to the end of the previous year, reaching 4.78 billion square meters. Among the managed area, the proportions attributable to independent third parties and non-residential projects were 42.7% and 31.4%, respectively (of which urban operations accounted for 20.7%, compared to 19.1% as of December 31, 2024). The corresponding figures as of December 31, 2024, were 40.8% and 30.3%, respectively.

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