新希望服务1H25:Strong 3rd-party expansion with 1

招银国际09-02

一、公司核心业务表现稳健新希望服务(3658HK)在2025财年上半年(1H25)的财务表现基本符合市场预期，其收入和净利润分别同比增长4.3%和2.4%。基础物业管理(PM)业务表现尤为突出，收入同比增长15%，主要得益于第三方扩展的强劲增长，新增合同价值同比上升59%。此外，公司在优化项目组合方面取得显著进展，退出低质量项目，专注于高端项目，从而推动整体物业费率小幅上扬。二、社区增值服务受...

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