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 . SOHOT CHINA SOHO CHINA LIMITED SOHO 中國 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 410 ) 2021 INTERIM RESULTS ANNOUNCEMENT FINANCIAL HIGHLIGHTS Achieved rental income of approximately RMB805 million in the Period , representing an increase of approximately 3 % from approximately RMB782 million of the same period of 2020. During the Period , the Company decided not to sell property units , and there was no revenue arising from property sales . Along with the effective control of pandemic in China and the gradual recovery of economy , as of 30 June 2021 , the average occupancy of the Group's stabilized investment properties came back to approximately 90 % . The occupancy of the most recently completed and delivered Leeza SOHO reached approximately 74 % . During the Period , net profit attributable to owners of the Company was approximately RMB340 million , representing an increase of approximately 67 % from approximately RMB204 million of the same period of 2020. Net profit from leasing business in the Period increased significantly from the same period of 2020 . As at 30 June 2021 , net gearing ratio of the Group was approximately 43 % , and average funding cost was approximately 4.7 % . -1-