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Shimao Group turns profitable by 2025, with total borrowing decreasing by 69.8 billion yuan
Rising Thought Network News: On March 27, Shimao Group announced its 2025 annual performance results. The company achieved a net profit of 4.477 billion yuan for the year, turning a loss of 43.686 billion yuan in 2024 into a profit. The financial report shows that in 2025, Shimao Group’s revenue reached 28.418 billion yuan, with hotel operations, commercial operations, property management, and other income accounting for 41.8% of total revenue, an increase of 21.7 percentage points compared to 2024. As of December 31, 2025, the company’s total borrowings were 182.266 billion yuan, a decrease of 69.785 billion yuan from the end of the previous year.