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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 . < > 九龍 建業 有限公司 KOWLOON DEVELOPMENT COMPANY LIMITED ( Incorporated in Hong Kong with limited liability ) ( Stock Code : 34 ) 2021 INTERIM RESULTS ANNOUNCEMENT HIGHLIGHTS For the six months ended 30 June 2021 , the Group's unaudited net profit attributable to shareholders of the Company rose to HK $ 619 million from HK $ 575 million in the corresponding period of 2020 , an increase of 7.7 % . For the period under review , there were no sales being recognised from new development projects . Therefore , excluding revaluation changes from the Group's investment properties net of tax and fair value changes on its interests in the property development , underlying net profit attributable to shareholders of the Company for the first half of 2021 fell significantly to HK $ 312 million from HK $ 1,009 million in the same period of 2020 , a decrease of 69.1 % . The underlying net interim earnings per share for 2021 were HK $ 0.27 compared to HK $ 0.86 for 2020 . Interim dividend for 2021 amounts to HK $ 0.25 per share ( 2020 : HK $ 0.24 ) . INTERIM RESULTS AND DIVIDEND For the six months ended 30 June 2021 , the Group's unaudited net profit attributable to shareholders of the Company rose to HK $ 619 million from HK $ 575 million in the corresponding period of 2020 , an increase of 7.7 % . The interim earnings per share for 2021 amounted to HK $ 0.53 compared to HK $ 0.49 for the same period in 2020 . For the period under review , there were no sales being recognised from new development projects . Therefore , excluding revaluation changes from the Group's investment properties net of tax and fair value changes on its interests in the property development , underlying net profit attributable to shareholders of the Company for the first half of 2021 fell significantly to HK $ 312 million from HK $ 1,009 million in the same period of 2020 , a decrease of 69.1 % . The underlying net interim earnings per share for 2021 were HK $ 0.27 compared to HK $ 0.86 for 2020 . The Board of Directors has declared an interim dividend of HK $ 0.25 per share for 2021 ( 2020 : HK $ 0.24 ) . The interim dividend will be payable on Wednesday , 1 December 2021 to shareholders whose names appear on the Register of Members of the Company on Tuesday , 16 November 2021 . KOWLOON DEVELOPMENT COMPANY LIMITED - Interim Results Announcement 18 August 2021 −1–