A-living Service Co., Ltd. announced its interim performance for the six months ended June 30, 2024, showing a decrease in revenue of 8.8%, a decrease in gross profit of 24.2%, and a net loss of RMB 1,532.3 million. The company's shareholders' loss amounted to RMB 1,634.2 million, with a basic loss per share of RMB 1.15. Nevertheless, the company proposed to increase the mid-term dividend per share to RMB 0.03, with a total amount of RMB 42.6 million. Property management service revenue increased by 2.0% compared to the same period last year, but owner value-added service revenue decreased by 33.9%, urban service revenue decreased by 4.0%, and extended value-added service revenue declined by 60.6%. The company's managed area and contracted area are 576.7 million square meters and 749.8 million...Show More

A-living Service Co., Ltd. announced its interim performance for the six months ended June 30, 2024, showing a decrease in revenue of 8.8%, a decrease in gross profit of 24.2%, and a net loss of RMB 1,532.3 million. The company's shareholders' loss amounted to RMB 1,634.2 million, with a basic loss per share of RMB 1.15. Nevertheless, the company proposed to increase the mid-term dividend per share to RMB 0.03, with a total amount of RMB 42.6 million. Property management service revenue increased by 2.0% compared to the same period last year, but owner value-added service revenue decreased by 33.9%, urban service revenue decreased by 4.0%, and extended value-added service revenue declined by 60.6%. The company's managed area and contracted area are 576.7 million square meters and 749.8 million square meters respectively, covering various formats such as residences, public buildings, and commercial offices. In the future, the company will return to its original aspiration, seek truth pragmatically, adhere to a high-quality development strategy, actively respond to the new normal after the deep adjustment of the real estate industry, and stabilize its foundation and leading advantage.