CRIC Real Estate: By the first half of 2025, the gross profit margin of real estate enterprises will be restored to 10.87%, while net profit will remain in a deficit.

Zhitong Finance and Economics APP learned that on September 24, Ke Rui Real Estate released the first half of 2025 report on the profitability of real estate companies. In the first half of 2025, the overall operating income of typical listed real estate companies in the industry reached 1.2868 trillion yuan, a year-on-year decrease of 15%; operating costs were 1.1454 trillion yuan, a year-on-year decrease of 16%. After a brief rebound in operating income in 2023, there was an accelerated downward trend again in 2024. In the first half of 2025, the decline in revenue scale narrowed slightly. From the perspective of gross profit, there has been a downward trend since 2021. In the first half of 2025, typical listed real estate companies achieved a gross profit of 141.4 billion yuan, a year-on-year decrease of 9%.