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 . x GLORYH GUORUI PROPERTIES LIMITED 國 瑞 置業 有限公司 ( Incorporated in the Cayman Islands with limited liability under the name of " Glory Land Company Limited ( A ) ” and carrying on business in Hong Kong as “ Guorui Properties Limited " ) ( Stock Code : 2329 ) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED JUNE 30 , 2021 FINANCIAL HIGHLIGHTS Achieved contracted sales for the six months ended June 30 , 2021 ( the " Reporting Period ” ) was RMB7,007.2 million with corresponding contracted gross floor area ( " GFA " ) of approximately 338,249 sq.m .; Revenue for the Reporting Period was RMB6,574.6 million , of which the revenue from property development was RMB6,176.7 million ; Gross profit for the Reporting Period was RMB1,047.9 million ; Net profit for the Reporting Period was RMB370.6 million ; Basic earnings per share for the Reporting Period were RMB6.0 cents ; Land reserves reached a total GFA of 8,545,084 sq.m. and the average cost of land reserves was RMB4,097.67 per sq.m. as at June 30 , 2021 ; Contracted average selling price ( " ASP " ) for the Reporting Period was RMB20,716 per sq.m. The average cost of land reserves accounted for 19.8 % of the ASP for the Reporting Period . -1-