Gelonghui August 31?06611.HK announced that in the six months ended June 30, 2023, revenue was about 1.985 billion yuan, an increase of about 9.9% year-on-year; gross profit was about 144 million yuan and gross profit margin was about 7.3%; the loss attributable to the parent company owner was about 226 million yuan, compared with a loss of about 34.36 million yuan per share in the same period last year.
In the six months ended June 30, 2023, the contract sales value of the group and its associates was about 532.9 million yuan, down 62.3% from the same period last year; the total contract floor area sold in the six months ended June 30, 2023 was about 74090 square meters, down 59.1% from the same period last year. As at June 30, 2023, the cash and bank balance was about RMB 731.2 million. As at June 30, 2023, the net debt ratio was 9.9%.