CHINA OVS PPT (02669) announces annual performance with a net profit attributable to shareholders of 1.367 billion yuan, a decrease of 9.74% year-on-year.

China OVS PPT (02669) announced its annual performance for the year ending December 31, 2025. The Group reported revenue of 14.96 billion yuan, an increase of 6% compared to the previous year; net profit attributable to ordinary equity holders decreased by 9.74% to 1.367 billion yuan; basic earnings per share were 41.62 cents; and a final dividend of 10 Hong Kong cents per share is proposed. For the year ending December 31, 2025, the Group added 90.9 million square meters of managed area, with 85.1% coming from independent third parties. The total value of new contracts signed was approximately 5.237 billion yuan. Non-residential projects accounted for 68.4% of the new orders, with urban operational projects making up 49.5%, while residential projects accounted for 31.6%. The contract values for non-residential projects were approximately 3.13 billion yuan and 2.107 billion yuan, respectively. Additionally, the Group continued to optimize its business structure and address loss-making projects, with 55.6 million square meters of completed/discontinued projects. As of December 31, 2025, the total managed area had increased by 35.3 million square meters to 4.78 billion square meters compared to the previous year-end. Of the managed area, 42.7% came from independent third parties and 31.4% from non-residential projects (urban operational projects accounted for 20.7% compared to 19.1% as of December 31, 2024).