KRP Development (02421) released its interim financial results, with a net profit attributable to shareholders of 10.42 million yuan, a decrease of 51% compared to the same period last year.

KRP Development (02421) announced its interim performance for the six months ending on September 30, 2025. The group generated revenue of 68.818 million RMB, a decrease of 34% year-on-year; the net profit attributable to equity holders of the company was 10.042 million RMB, a decrease of 51% year-on-year; and the basic and diluted earnings per share were 2 cents. For the six months ending on September 30, 2025, the group incurred a fair value loss of 1.973 million RMB due to the conversion of some shops from inventory to investment properties. This conversion was based on the group's adjustment of asset allocation strategy with the aim of improving the long-term return potential of the asset portfolio.