Summary by Futu AI
Shimao's mid-term report for the six months ended on June 30, 2024, showed a 18% decrease in company revenue to CNY 2197.49 billion, but the profit attributable to shareholders increased significantly by 133% to CNY 101 billion. Excluding investment properties, the profit increased even further by 174% to CNY 109.96 billion. Total assets of the company increased by 3% to CNY 41937.6 billion, and shareholder's equity increased significantly by 40% to CNY 5493.31 billion. Interim dividend per share increased by 100% to HKD 3 cents, and earnings per share increased by 123% to CNY 7.26. Basic earnings per share, excluding investment properties, increased by 163% to CNY 7.93. In the report, Shimao mentioned that in the face of downward pressure on the economy, the company maintains stable operation and pays attention to risk control and...Show More