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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . 1 . 2 . 4 . 5 . 6 . 7 . Revenue of the Group increased by 21.7 % to RMB107.88 billion . 3. Operating profit was RMB31.40 billion . The property development projects maintained their premium gross profit margins in the industry . 8 . 9 . ( B ) 1 中國 海外 發展 有限公司 CHINA OVERSEAS LAND & INVESTMENT LTD . ( incorporated in Hong Kong with limited liability ) ( Stock code : 688 ) ANNOUNCEMENT OF UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 FINANCIAL HIGHLIGHTS Contracted property sales of the Group Series of Companies¹ increased by 20.5 % to RMB207.21 billion and the corresponding GFA sold was 10.50 million sq m , an increase of 10.0 % . Profit attributable to equity shareholders of the Company was RMB20.78 billion . Profit attributable to equity shareholders of the Company after deducting RMB 1.55 billion in net gains after tax arising from changes in fair value of investment properties , amounted to RMB 19.23 billion , an increase of 10.9 % . Basic earnings per share was RMB1.90 . The Group acquired 20 land parcels in 14 cities in Mainland China , adding a total GFA of 4.89 million sq m to the land reserve . At 30 June 2021 , total land reserve of the Group Series of Companies was 92.24 million sq m . At 30 June 2021 , the Group had total debt amounted to RMB228.45 billion ; bank balances and cash amounted to RMB117.43 billion ; the net gearing of the Group was at an industry - low level of 33.8 % . The equity attributable to the shareholders of the Company increased from RMB314.15 billion at the end of 2020 to RMB328.05 billion , an increase of 4.4 % . The net assets per share was RMB29.97 . The half - year return on equity was 6.5 % . The Board declared an interim dividend of HK45 cents per share ( 2020 : HK45 cents per share ) . The Group together with its associates and joint ventures ( collectively the " Group Series of Companies " ) 1