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 . SITC SITC International Holdings Company Limited 海豐 國際 控股 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 1308 ) ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 Financial Highlights • Revenue for the six months ended 30 June 2021 was approximately US $ 1,334.2 million , increased by approximately 79.6 % as compared to approximately US $ 742.9 million for the corresponding period in 2020 . • Gross profit for the six months ended 30 June 2021 increased by approximately 251.5 % from approximately US $ 158.5 million for the six months ended 30 June 2020 to approximately US $ 557.2 million which translated to an increase in gross profit margin to approximately 41.8 % for the six months ended 30 June 2021 from approximately 21.3 % for the six months ended 30 June 2020 . • Profit for the six months ended 30 June 2021 increased by approximately 307.9 % to approximately US $ 487.9 million from approximately US $ 119.6 million for the corresponding period in 2020 . • Basic earnings per share for the six months ended 30 June 2021 amounted to US18.24 cents ( 30 June 2020 : US4.46 cents ) . • An interim dividend of HK100 cents per share ( equivalent to US12.88 cents per share ) was declared for the six months ended 30 June 2021 . The board ( the " Board " ) of directors ( the “ Directors ” ) of SITC International Holdings Company Limited ( " SITC ” or the “ Company ” , together with its subsidiaries , the “ Group ” ) is pleased to announce the unaudited consolidated interim results of the Group for the six months ended 30 June 2021 , together with the comparative figures for the corresponding period in 2020 as below .