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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 . KAISA GROUP HOLDINGS LTD . 佳 兆 業 集團 控股 有限公司 * ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 1638 ) ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 FINANCIAL HIGHLIGHTS Notes : 1 . 2 . 3 . Total revenue for the six months ended 30 June 2021 increased by 34.8 % to approximately RMB30,065.4 million from the corresponding period in 2020 . Gross profit for the six months ended 30 June 2021 increased by 23.1 % to approximately RMB9,278.0 million and the gross profit margin for the period was 30.9 % . Profit for the six months ended 30 June 2021 increased by 30.5 % to approximately RMB3,079.1 million from the corresponding period in 2020 . Core net profit ( excluding net fair value change on financial assets at fair value through profit or loss , net exchange gains / losses , net fair value change on investment properties , fair value change of financial derivatives , net gains / losses on repurchase of senior notes and net of respective deferred tax amounted to RMB3,932.2 million , representing an increase of 28.9 % as compared to the corresponding period in 2020 . Contracted sales of the Group , together with its joint ventures and associated companies , increased by 77.2 % to approximately RMB63,854 million . As at 30 June 2021 , net gearing ratio¹ decreased to 93.7 % , cash to short - term debt ratio was 1.53 and liabilities to asset ratio³ excluding receipts in advance decreased to 69.9 % . The Board recommended payment of an interim dividend of HK4 cents per share . Net gearing ratio is calculated by dividing total borrowings ( including short - term and long - term borrowings ) minus cash and cash equivalents ( including bank deposits , restricted cash and cash and bank balances ) by total equity ( excluding perpetual capital securities ) . Cash to short - term debt ratio is calculated by dividing cash and cash equivalents ( excluding restricted cash and bank deposits ) by short - term borrowings . Liabilities to assets ratio excluding receipts in advance is calculated by subtracting receipts in advance ( including contract liabilities ) from total liabilities and dividing by total assets excluding perpetual capital securities minus receipts in advance ( including contract liabilities ) . * for identification purpose only − 1 −