Ying Li International Real Estate Swings to Fiscal H2 Loss

MT Newswires

Mar 04, 2025

Ying Li International Real Estate (SGX:5DM) incurred an attributable loss of 78.8 million yuan for the six months ended Dec. 31, 2024, compared with an attributable profit of 52.2 million yuan in the year-ago period, parent China Everbright (HKG:0165) said in a filing.

Loss per share was 0.031 yuan, reversing an earnings per share of 0.013 yuan in the corresponding period of the previous fiscal year.

The property manager's revenue declined 12% to 96.7 million yuan from 109.5 million yuan a year prior.

For the 12 months ended December 2024, the company swung to an attributable loss of 178.5 million yuan from a profit of 16.9 million yuan in 2023, while revenue fell 4% to 200.1 million yuan from 208.5 million yuan.

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