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 . xxxx 碧桂园 服务 COUNTRY GARDEN SERVICES COUNTRY GARDEN SERVICES HOLDINGS COMPANY LIMITED 碧桂園 服務 控股 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 6098 ) ANNOUNCEMENT OF UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 FINANCIAL HIGHLIGHTS The revenue of the Group for the Period increased from approximately RMB6,271.3 million for the same period in 2020 to approximately RMB11,559.8 million , representing an increase of approximately 84.3 % . The gross profit of the Group for the Period increased from approximately RMB2,332.5 million for the same period in 2020 to approximately RMB3,859.7 million , representing an increase of approximately 65.5 % . Gross profit margin decreased by 3.8 percentage points to approximately 33.4 % from approximately 37.2 % for the same period in 2020. The decrease in gross profit margin was mainly due to the accidental factors such as the consolidation of city services and the cancellation of the preferential policy for exemption and reduction of social security contributions due to COVID - 19 outbreak . Excluding the factors of the city services segment and the commercial operational services business segment newly added in the Period , gross profit margin would decrease by 1.1 percentage points to approximately 36.2 % from approximately 37.3 % for the same period in 2020 . During the Period , the percentage of general and administrative expenses of the Group increased by 0.3 percentage points to approximately 10.6 % compared to approximately 10.3 % for the same period in 2020. Excluding share - based payment expenses , the percentage of general and administrative expenses would decrease by 0.6 percentage points to approximately 9.7 % compared to approximately 10.3 % for the same period in 2020 . The net profit of the Group for the Period increased from approximately RMB1,335.2 million for the same period in 2020 to approximately RMB2,226.2 million , representing an increase of approximately 66.7 % .