Fangyuan Life Service Stock Plummets 14% After Revenue Declines 5%

Edgen Stock

·Mar 30 2026, 03:13

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Key Takeaways

Fangyuan Life Service saw its stock price fall sharply as investors reacted to a year-over-year decline in revenue, overshadowing the company's progress in narrowing its net loss. The results indicate ongoing top-line pressure in the property management sector.

Revenue Contraction: The company reported annual revenue of RMB351 million, a 5% decrease from the previous year.
Market Sell-Off: Shares in FANGYUAN LIFE SERVICE (09978.HK) dropped 14.3% following the earnings announcement.
Narrowed Losses: Despite lower revenue, the company's net loss improved to RMB52.48 million, compared to a RMB76.931 million loss in the prior year.

Shares Fall 14.3% as Revenue Decline Spooks Investors

Shares of Fangyuan Life Service (09978.HK) fell 14.3% after the company announced its full-year financial results. The sharp drop reflects investor disappointment with the company's top-line performance, which overshadowed improvements in profitability. The market's reaction signals that revenue growth remains the primary concern for shareholders, even as the company worked to manage its bottom line.

Annual Revenue Drops 5% to RMB351 Million

For the full year ending last December, Fangyuan Life Service reported total revenue of RMB351 million, representing a 5% decrease year-over-year. While revenue contracted, the company successfully narrowed its net loss to RMB52.48 million from RMB76.931 million in the same period last year. This resulted in a loss per share of RMB0.1312. The company did not declare a dividend, continuing its policy from previous periods.