The comprehensive financial statements of Longfor Group for the six months ended June 30, 2024 show that the company achieved revenues of approximately 4.686 billion yuan, a decrease compared to 6.204 billion yuan in the same period last year. The net profit for the period was approximately 0.697 billion yuan, lower than 0.93 billion yuan in the same period last year. The company declared a mid-term dividend of 0.22 yuan per share and offered shareholders the option to receive dividends in the form of shares. In addition, the company acquired additional equity in several subsidiary companies and sold a portion of its subsidiary companies, with total assets and liabilities involved approximately 0.294 billion yuan. The company also provided guarantees for mortgage bank loans for buyers, amounting to...Show More

The comprehensive financial statements of Longfor Group for the six months ended June 30, 2024 show that the company achieved revenues of approximately 4.686 billion yuan, a decrease compared to 6.204 billion yuan in the same period last year. The net profit for the period was approximately 0.697 billion yuan, lower than 0.93 billion yuan in the same period last year. The company declared a mid-term dividend of 0.22 yuan per share and offered shareholders the option to receive dividends in the form of shares. In addition, the company acquired additional equity in several subsidiary companies and sold a portion of its subsidiary companies, with total assets and liabilities involved approximately 0.294 billion yuan. The company also provided guarantees for mortgage bank loans for buyers, amounting to 1.586 billion yuan. As of the end of the reporting period, the fair value of the company's investment properties was approximately 20.432 billion yuan. The fair value measurement of the company's financial assets and liabilities showed that the fair value of the derivative financial instruments held by the company was positive at approximately 0.897 billion yuan and negative at approximately 0.141 billion yuan.