Beike: Q4 net revenue of 22.2 billion yuan, down 28.7% year-over-year

Beike Announcement: The total transaction volume in Q4 2025 was 724.1 billion yuan, a decrease of 36.7% year-over-year. Net revenue was 22.2 billion yuan, down 28.7% year-over-year. Net profit attributable to ordinary shareholders of the company was 82 million yuan. The total transaction volume for 2025 was 3,183.3 billion yuan, a decrease of 5.0% year-over-year. Net revenue was 94.6 billion yuan, an increase of 1.2% year-over-year. Net profit attributable to ordinary shareholders of the company was 2.991 billion yuan, down 26.7% year-over-year.

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