RADIANCE HLDGS (09993) announced its annual results for the period ending December 31, 2025. The group recorded revenue of 14.194 billion yuan, a decrease of 42.69% compared to the previous year. The loss attributable to owners of the company was 6.919 billion yuan, which narrowed by 24.06% year-on-year. The loss per share was 1.71 yuan.

As of December 31, 2025, revenue generated from property development and sales was approximately 13.779 billion yuan. This represents a decrease of approximately 43.4% compared to the approximately 24.347 billion yuan recorded in the same period last year. The decrease in property development and sales revenue for the year ending December 31, 2025, was primarily attributed to generally weak market sentiment in China and ongoing adjustments within the real estate sector. These factors exerted downward pressure on the group's contracted selling prices. Additionally, the total gross floor area delivered by the group during the period decreased.

Property leasing income includes recurring rental revenue from commercial properties such as office buildings, shopping malls, and commercial streets. Due to the lack of significant improvement in the commercial economic environment during the year ending December 31, 2025, property occupancy rates and rental levels were lower than anticipated. Consequently, rental income decreased by approximately 12.6%, from about 333 million yuan for the year ending December 31, 2024, to approximately 290.7 million yuan for the year ending December 31, 2025.