Country Garden (02007) said its profit attributable to the owners for the six months ended 30 June 2017 rose 39.2% year-on-year to Rmb7,501 million.
Basic and diluted earnings per share were Rmb34.95 cents and Rmb34.88 cents.
Revenue amounted to Rmb77,738 million, an increase of 35.5% from a year earlier. Gross profit grew 42.1% year-on-year to Rmb17,096.5 million.
After deduction of the post-tax gains arising from changes in fair value of and transfer to investment properties, net exchange gains/losses on financing activities, loss on early redemption of senior notes and changes in fair value of derivative financial instruments, the core net profit of the Group for the first half of 2017 was about Rmb7,189.3 million, an increase of 34.9% year-on-year.
The proposed interim dividend is Rmb15.02 cents (2016: Rmb6.92 cents) per share, payable on or around 10 November.
22/08/2017 12:36
Country Garden 1H net up 39% to Rmb7.5bn; div Rmb15.02 cts
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