Summary by Futu AI
China Jinmao released its semi-annual financial report on August 27, 2024, which shows the key financial data for the six months ended June 30, 2024. The report states that the company's total assets reached 357.212 billion yuan, an increase from the previous year-end. The total liabilities amounted to 264.276 billion yuan, and the owner's equity was 92.936 billion yuan. The balance of cash and cash equivalents at the end of the period was 28.141 billion yuan. The operating revenue was 18.484 billion yuan, and the gross margin slightly decreased to 14.47%. The net profit reached 1.928 billion yuan, showing growth compared to the same period last year. In addition, the company completed the acquisition of equity in Xi'an Runmao Property Co., Ltd. and other companies, and made retrospective adjustments to the financial statements for the first half of 2023. The financial report has been published on the website of the Shanghai Stock Exchange.