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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 . LOGAN 龙 光 集团 Logan Group Company Limited 龍 光 集團 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 3380 ) ANNOUNCEMENT OF UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 INTERIM RESULTS HIGHLIGHTS The attributable contracted sales amounted to RMB73.64 billion , representing a year - on- year increase of 58.9 % . Revenue amounted to RMB35.17 billion , representing a year - on - year increase of 13.3 % . Core profit note 1 attributable to owners of the Company amounted to RMB5.58 billion , representing an increase of 4.6 % as compared with the same period of last year . Net profit amounted to RMB6.50 billion . Core profit amounted to RMB5.86 billion . Core profit margin was 16.7 % . The balance of cash and bank deposits amounted to RMB42.06 billion with a net debt- to - equity ratio of 60.8 % , and asset / liability ratio ( after deducting receipts in advance ) of 69.0 % , and cash to short term debt ratio of 1.85 times , and all the “ three red lines " indicators were maintained in compliance . As recognition of our continuing financial stability , Fitch confirmed the Company's international credit rating as BB , with the outlook upgraded to positive . Moody's upgraded the rating of the Company to Ba2 and the outlook is stable . Financing costs continued to decline , with new financing costs of 4.6 % for the period . As at 30 June 2021 , the weighted average financing cost was 5.4 % . The Group was selected into Hang Seng ESG 50 index , its sustainable development outcomes were recognised by international capital market . Declared an interim dividend in cash of HK49 cents per share , the dividend payout ratio continued to be stable . The total dividend accounted for approximately 40 % of the core profit attributable to owners of the Company . Note 1 Core profit is equal to net profit adjusted to changes in fair value of investment properties and derivative financial instruments and the relevant deferred tax , dividend withholding tax and equity - settled share option expense . −1–