Zhitong Financial APP News, Landing International (00582) released interim results for 2021, with earnings up 82% year-on-year to HK $477 million; losses attributable to shareholders narrowed by 21.3% to HK $624 million; losses per share were HK $17.16 cents.
It is reported that the increase in comprehensive income is mainly due to a series of marketing activities to promote the consumption of local tourists in Jeju mythological world, thus significantly increasing the income generated by the integrated resort division; and an increase in residential property sales activities. As a result, the increase in consolidated income, together with stringent cost control measures for operating expenses, resulted in a reduction of about 21.3% of the consolidated net loss for the period compared with the same period in 2020.