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Shimao Services Reports Revenue Decline Amidst Segment Challenges

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Shimao Services Reports Revenue Decline Amidst Segment Challenges

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The latest announcement is out from Shimao Services Holdings Limited ( (HK:0873) ).

Shimao Services Holdings Limited reported a 10.2% decline in revenue for the first half of 2025 compared to the same period in 2024, with total revenue reaching RMB3,619.8 million. Despite a slight increase in revenue from property management services, significant decreases were observed in other segments, notably a 65.6% drop in city services revenue. The company’s gross profit and operating profit also fell sharply, with a notable 89.4% decrease in profit for the period. However, cash and cash equivalents increased by 27.7%, attributed to the recovery of business deposits following the expiration of service contracts.

The most recent analyst rating on (HK:0873) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Shimao Services Holdings Limited stock, see the HK:0873 Stock Forecast page.

More about Shimao Services Holdings Limited

Shimao Services Holdings Limited operates in the property management industry, offering services across four main business lines: property management services, community value-added services, value-added services to non-property owners, and city services. The company focuses on providing comprehensive management solutions to enhance community living and urban service efficiency.

Average Trading Volume: 3,582,478

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.95B

For a thorough assessment of 0873 stock, go to TipRanks’ Stock Analysis page.

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