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 . 嘉 里 建設 有限公司 * KERRY PROPERTIES LIMITED ( Incorporated in Bermuda with limited liability ) website : www.kerryprops.com ( Stock Code : 683 ) INTERIM RESULTS ANNOUNCEMENT 2021 The Board ( the " Board " ) of Directors ( the “ Directors ” ) of Kerry Properties Limited ( the " Company " and , together with its subsidiaries , the “ Group ” ) is pleased to announce the unaudited interim results of the Group for the six months ended 30 June 2021. The Audit and Corporate Governance Committee of the Company has met to review the results and the unaudited condensed consolidated interim financial statements of the Group for the six months ended 30 June 2021 prior to recommending them to the Board for approval . Results Highlights for the Six Months Ended 30 June 2021 : The Group recorded consolidated revenue of HK $ 6.37 billion , up 63 % . Underlying profit was HK $ 2.36 billion excluding fair value change of investment properties , and profit attributable to shareholders of the Company was HK $ 3.77 billion , up 113 % and 251 % respectively . The Group achieved contracted sales of HK $ 8.19 billion for Hong Kong and the Mainland , which is 61 % of the 2021 full - year sales target . Hong Kong achieved HK $ 2.02 billion , 36 % of Hong Kong's full - year sales target , and the Mainland achieved HK $ 6.17 billion , 78 % of Mainland's full - year sales target . Property rental revenue for the Group was HK $ 2.66 billion , up 14 % compared to the same period last year . Investment properties in Hong Kong achieved HK $ 656 million , similar to the same period last year , and the Mainland achieved HK $ 1.99 billion , up 20 % compared to the same period last year . Hong Kong and the Mainland accounted for 25 % and 75 % respectively of total rental revenue for the Group . Gross profit margin for the Group was 57 % ( 2020 1H : 61 % ) . The Property Sales business recorded 46 % ( 2020 1H : 41 % ) in gross profit margins , up 12 % compared to the same period last year , and the Property Rental business recorded 77 % ( 2020 1H : 80 % ) , down 4 % compared to the same period last year . * For identification purpose only -1-