CHINA SCE GROUP (01966) announced its annual results for the period ending December 31, 2025. The company recorded revenue of RMB 371.14 billion, representing a decrease of 9% compared to the previous year. The loss attributable to owners of the parent company was RMB 74.47 billion, narrowing by 5.3% year-on-year. The basic loss per share was RMB 1.763.

The loss attributable to the parent company's owners was primarily due to the following factors during the year: (i) additional impairment provisions for property projects resulting from a decrease in property selling prices; and (ii) the aggregate impact of fair value losses on investment properties caused by a decline in demand for commercial properties.

In 2025, the Group, together with its joint ventures and associates, achieved total contracted sales of approximately RMB 65.41 billion and a contracted sales area of approximately 800,000 square meters. These figures represent significant year-on-year declines of approximately 41.7% and 35.0%, respectively. The average selling price of properties during the year was RMB 8,162 per square meter.