Real Estate Development

KRP DEVELOPMENT

KRP DEVELOPMENT to Release FY2026 Semi-Annual Earnings on November 25, 2025 (BJT)

Kai Chao Real Estate Announces 50% Decline in Profit for First Half of 2025

Jiachuang Real Estate Leases Land with Amusement Park to Expand Business

Jia Chuang Real Estate Sees 50% Profit Decline in FY 2025

KRP DEVELOPMENT to Release FY2025 Annual Earnings on June 19, 2025 (BJT)

KRP DEVELOPMENT to Release FY2025 Semi-Annual Earnings on November 27, 2024 (BJT)

Jiachuang Real Estate releases 2024 annual performance

Kaisa Group issues profit warning

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Li Jia Ge Real Estate President Liao Wei Qiang stated that the budget did not increase measures to stimulate the property market, aiming to prevent overheating in the market. He expects that housing prices will conservatively rise by 10% this year, and in an optimistic scenario, it could reach 15%. In the budget, the residential stamp duty was raised from 4.25% to 6.5%, which has a slight impact on the mass market. The government will continue to promote economic development and implement diversified policies, which are expected to further boost the recovery of the property market

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Li Jia Ge's Liao Wei Qiang: The budget proposal is steady and conservative, estimating a 10% increase in property prices this year

KRP DEVELOPMENT announced its interim results for the period ending September this year, with revenue of RMB 68.818 million, a year-on-year decrease of 34%. Net profit was RMB 10.042 million, a year-on-year decrease of 51.2%; earnings per share were 2 cents. No interim dividend was declared

"Performance" KRP DEVELOPMENT's net profit for the half year is RMB 10.042 million, a decrease of 51.2%

KRP Development Holdings Limited has issued a profit warning, expecting a 50% decrease in profit for the six months ended September 2025 compared to 2024. This is due to reduced property sales and decreased investment property values amid fluctuating market conditions in the PRC real estate market. Despite this, the company remains financially strong with no bank borrowings and a healthy net cash position.

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KRP Development Holdings Issues Profit Warning Amid Market Fluctuations

KRP DEVELOPMENT announced that KPMG has resigned as its auditor, effective October 24, 2025, due to a failure to reach an agreement on audit fees. The board has decided to appoint RSM as the new auditor, effective from the same date, with a term ending at the conclusion of the next annual general meeting

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KRP DEVELOPMENT appoints Fuhui Mazhe as the new auditor

KRP Development Holdings Limited (HK:2421) has appointed Forvis Mazars CPA Limited as its new auditor after KPMG's resignation over audit fee disagreements. The company assures that this change will not affect its annual audit or financial results publication. The Board and Audit Committee view this transition as beneficial for the company and its shareholders.

KRP Development Holdings Limited Appoints New Auditor

KRP DEVELOPMENT announced that its wholly-owned subsidiary, Guangdong Jialang, has signed a construction contract with Shenzhen Guangying Bai Nian for the night tour project of the theme park, with a contract amount of 23.8 million yuan. The construction content includes design, construction, equipment installation, and training, and the project aims to enhance the cultural tourism industry and the synergy with surrounding residential properties

KRP DEVELOPMENT's subsidiary has commissioned Shenzhen Guangying Bai Nian to provide construction engineering

KRP DEVELOPMENT announced that it has signed a leasing agreement with Dongguan Longfa Industrial Investment Co., Ltd. to lease land located in Fenggang Town on August 4, 2025, for the operation of a theme park named Longfeng Mountain Villa. This move aims to diversify revenue sources, enhance the value of surrounding properties, and promote the local real estate economic development. The theme park covers an area of approximately 145,600 square meters and is expected to bring stable income and cash flow to the group, while expanding its brand influence in China's cultural tourism market

KRP DEVELOPMENT plans to lease land in Fenggang Town, Dongguan City, to undertake the operation of a theme park named Longfeng Mountain Villa

KRP DEVELOPMENT(02421.HK)