Beijing Capital Land (02868) said its profit attributable to owners for the year ended 31 December 2016 dropped 2.3% year-on-year to Rmb2,032 million.
Basic and diluted earnings per share were Rmb0.67.
The revenue was Rmb20,349 million, an increase of 27.2% from a year earlier. The Group recorded total contracted sales of Rmb45.51 billion in 2016, an increase of 40% year-over-year.
In 2016, the Group achieved a gross profit margin after business tax of about 13%, representing an increase of 1 percentage point when comparing to 12% in 2015, which was mainly attributable to an increase in proportion of revenue from properties with higher gross profit margin in premier regions such as Beijing during the year when compared to 2015.
The proposed final dividend is Rmb20 cents (2015: Rmb20 cents) per share, payable on or before the end of June.
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