Sino-Ocean Service Swings to 2025 Loss as It Exits Low-Efficiency Projects and Refocuses on High-Value Markets

Sino-Ocean Service Holding Ltd. ( (HK:6677) ) has shared an update.

Sino-Ocean Service reported 2025 revenue of RMB2.72 billion, down about 4% year on year, with 75% from property management, 17% from community value-added services, and 8% from services to non-property owners. The company swung to a loss attributable to owners of RMB1.37 billion from a prior-year profit, mainly due to higher impairment provisions and one-off transaction losses, while the board still recommended a modest final cash dividend.

The group reduced its contracted and managed gross floor area by 7% and 3%, respectively, as it deliberately exited low-efficiency projects and redirected expansion toward higher-value, higher-certainty markets. Management highlighted a strategy of focusing on core cities, non-residential and public-sector clients, and improved cash flow and receivables control, aligning with broader industry trends toward quality over scale amid slower growth and tighter fee collection in China’s property management sector.

The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.43 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.

More about Sino-Ocean Service Holding Ltd.

Sino-Ocean Service Holding Limited is a Hong Kong-listed property management company incorporated in the Cayman Islands, focused on providing property management services, community value-added services, and value-added services to non-property owners. Its portfolio is concentrated in first- and second-tier Chinese cities such as Beijing, Tianjin, Qingdao, and Wuhan, with a strategic emphasis on high-value regions and sectors including government and state-owned enterprises.

Average Trading Volume: 106,596

Technical Sentiment Signal: Sell

Current Market Cap: HK$402.6M

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