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蓝鼎国际前六月综合收益同比上涨81.8% 净亏损6.24亿港元

The comprehensive income of Landing International rose 81.8% year on year in the first six months, with a net loss of HK $624 million.

觀點地產網 ·  Aug 30, 2021 22:22

Opinion Real Estate Network News:August thirtiethLanding International Development Co., Ltd.According to the interim results for the six months ended June 30, 2021, the group's consolidated income for the period was about HK $476 million, an increase of about 81.8 per cent over the same period up to 2020.

According to the opinion real estate new media, the increase in comprehensive income of Landing International is mainly due to a series of marketing activities to promote the consumption of local tourists in Jeju Myth World, which significantly increases the income generated by the comprehensive resort branch and the increase of residential property sales activities. During the period ended, the loss attributable to the owner of the company was approximately HK $624 million, while the basic and diluted loss per share attributable to the owner of the parent company was HK17.16 cents. During the period, the increase in consolidated income, together with stringent cost control measures for operating expenses, resulted in a reduction of approximately 21.3% of the consolidated net loss for the period compared with the same period in 2020.

According to the announcement, as at 30 June 2021, the consolidated net asset value of the company was approximately HK $9.624 billion, the consolidated net asset value of each issued common share attributable to the owner of the parent company was approximately HK $2.28, and the income from residential property sales was about HK $67.315 million. The property Development Division recorded a segment profit of approximately HK $28 million, classified as completed properties for sale. It is also noted that as at 30 June 2021 and on the date of the announcement, the total number of issued ordinary shares of Landing International was 4.226 billion shares of HK $0.01 each.

In the first half of the year, the comprehensive income of Landing International increased. According to the opinion real estate new media, on August 15, 2021, Landing International announced that according to the information currently available to the board of directors, compared with the same period in 2020, the group is expected to record a significant increase of about 80% in consolidated income and a decrease in consolidated net loss of about 15% to 35% in the six months ended June 30, 2021.

It is understood that the expected increase in comprehensive income and the decrease in comprehensive net loss during this period is mainly due to a series of marketing activities that promote local consumption in Jeju Myth World, which leads to a significant increase in income generated by the integrated resort division; an increase in residential property sales activities; and strict cost control to reduce operating expenses. Despite the decline in revenue from the gaming business, the consolidated net loss for the period is expected to decrease by about 15% to 35% compared with the same period in 2020.

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