According to the Zhitong Finance App, Hong Kong Dragon China Real Estate (06968) announced its results for the six months ended June 30, 2023, with total revenue of 7.44 billion yuan (RMB, same below), up 35.8% year on year; profit attributable to shareholders was 190 million yuan, up 5.4% year on year; and basic profit of 0.12 yuan per share.
The increase in total revenue during the period was mainly due to an increase in property projects delivered by the Group during the period, which led to an increase in confirmed property sales.
With the Group's in-depth understanding of the real estate market and in-depth research on its target cities, the Group continues to develop the Group's influence in these markets. As of June 30, 2023, the Group (together with its joint ventures and associated companies) had 62 projects with a land reserve of 6.162,500 square meters, of which 55 projects were located in cities in the Yangtze River Delta region. Furthermore, on June 30, 2023, the Group planned the layout in the Guangdong-Hong Kong-Macao Greater Bay Area and southwestern China, and retained high-quality projects in Guangzhou and Chengdu.