Greentown Services 2025 revenue reaches 19.2 billion yuan, net profit increases 30%, property management services revenue accounts for over 70%

Lefu Finance Wang Min On March 20, Greentown Services (HK: 02869) released its 2025 annual results, achieving double growth in revenue and net profit.

In 2025, Greentown Services achieved revenue of 19.164 billion yuan, a 7.1% increase from 17.894 billion yuan in 2024. Among them, property management revenue was 13.644 billion yuan, accounting for 71.2% of total revenue, a 10.0% increase; park services revenue was 2.756 billion yuan, accounting for 14.4%, a 0.6% increase; consulting services revenue was 2.764 billion yuan, accounting for 14.4%, a 0.4% increase.

In 2025, Greentown Services’ core operating profit was 1.878 billion yuan, up 24.6% from 1.507 billion yuan in 2024; attributable profit to shareholders was 880 million yuan, a 29.9% increase from 677.8 million yuan from continuing operations in 2024.

In 2025, the company signed 36 new major clients, with a total of 280 high-quality state-owned enterprise clients, and new contracts valued at 2.32 billion yuan, with an anchored contract value of 770 million yuan.

The board recommends a final dividend of HKD 0.16 per share and a special dividend of HKD 0.08 per share for 2025 (2024: final dividend HKD 0.13 per share and special dividend HKD 0.07 per share), with an overall payout ratio of 75% (including a 50% final dividend payout ratio and 25% special dividend payout ratio).

Related company: Greentown Services HK02869