KANGQIAO SER (02205) releases annual performance; revenue 932 million yuan.

Kangqiao Service (02205) announced its annual performance for the year ending December 31, 2025, with revenue of 932 million yuan; gross profit of 198 million yuan, and a gross profit margin of 21.3%. The announcement stated that during this year, the group's revenue from property management services amounted to about 730 million yuan, an increase of 7.2% compared to the same period in 2024, which was approximately 681 million yuan. The main reason for the increase was the expansion of the group's business, leading to a rapid increase in the total managed area of buildings.