SH IND URBAN (00563) announced a net loss attributable to shareholders of HK$962 million for the year 2025, representing a 190.4% increase compared to the previous year.

SH IND URBAN (00563) announced its annual performance for the year ending on December 31, 2025. The total revenue was 3.668 billion Hong Kong dollars, a decrease of 70.5% year-on-year. The company's attributable loss amounted to 962 million Hong Kong dollars, an increase of 190.4% year-on-year. Basic loss per share was 20.12 Hong Kong cents. The decrease in revenue during the period was mainly due to lower sales from various projects compared to the same period last year. Property sales revenue was the group's main source of income during the year, amounting to 2.585 billion Hong Kong dollars (2024: 11.351 billion Hong Kong dollars), accounting for 70.5% of the total revenue (2024: 91.2%). Among them, Shanghai Shangshi Wanghai, Tianjin Shangshi Yangshan, Shanghai Shangshi Tinghai, Xi'an Shangshi Qiyuan, Yantai Shangshi Yunlu, and Xi'an Ziranjie accounted for 29.5%, 21.9%, 17.2%, 10.5%, 8.2%, and 8.1% of the property sales revenue respectively.