Earnings release
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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 . 时代 中国 TIMES CHINA TIMES CHINA HOLDINGS LIMITED 時代 中國 控股 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 1233 ) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2021 INTERIM RESULTS HIGHLIGHTS Contracted sales for the Period of RMB45.38 billion , representing an increase of 39.3 % as compared with the corresponding period in 2020 ; Proportionate revenue note 1 for the Period of RMB18,185.3 million , representing an increase of 21.8 % as compared with the corresponding period in 2020 ; Proportionate gross profit note 1 for the Period of RMB5,621.9 million , representing an increase of 39.8 % as compared with the corresponding period in 2020 ; Profit for the Period of RMB1,923.3 million , representing an increase of 6.2 % as compared with the corresponding period in 2020 ; Profit attributable to the owners of the Company for the Period of RMB1,628.9 million , representing an increase of 6.0 % as compared with the corresponding period in 2020 ; and Cash to short - term debts ratio note 2 of 2.5 times ( 31 December 2020 : 2.1 times ) , asset- liability ratio note 3 of 76.6 % ( 31 December 2020 : 78.6 % ) as at 30 June 2021 . Note 1 : Proportionate revenue ( or gross profit ) refers to revenue ( or gross profit ) of the subsidiaries of the Group , aggregated with the equity revenue ( or gross profit ) of joint ventures and associates . Note 2 : Cash includes restricted bank deposits and cash and cash equivalents ; short - term debts refer to interest- bearing bank and other borrowings ( excluding interest payable ) in current liabilities . Note 3 : Asset - liability ratio is calculated by total liabilities ( net of contract liabilities ) divided by total assets ( net of contract liabilities ) . − 1 −