Roiserv Lifestyle (2146.HK) Q1 2025 Earnings Report

Roiserv Lifestyle Services delivered a solid QQ1 2025 with revenue of 505.93 million CNY and a notable margin expansion versus Q4 2024. Gross profit rose to 129.61 million CNY, delivering a gross margin of 25.62%. EBITDA stood at 70.66 million CNY and operating income was 61.75 million CNY, yielding an operating margin of 12.21%. Net income reached 44.70 million CNY with an 8.84% net margin, supported by a favorable tax rate and a modest depreciation run rate (2.60 million CNY). All-in revenue, gross profit, and EBIT metrics improved QoQ, while YoY comparisons show modest top-line growth but a slight decline in net income due to base effects or non-operating items. Earnings per share (basic and diluted) were 0.12 CNY. Management commentary (from the earnings release) underscores continued cost discipline and portfolio expansion across property management, community services, and related solutions, positioning Roiserv to capture higher-margin recurring revenue streams in China’s real estate services market.