Zhitong Financial APP News, Xinyuan Service (01895) issued an announcement that for the year ended December 31, 2020, the company realized income of 654 million yuan, an increase of 22.43% over the same period last year, and a profit attributable to shareholders of 131 million yuan, an increase of 61.28% over the same period last year, basic earnings per share of 26.34 cents, and a final dividend of 10.2 Hong Kong cents per share.
According to the announcement, the net profit margin was 20.2%, up 4.9 percentage points from 15.3% in the same period last year, thanks to the improvement of management efficiency within the group; the continued improvement of cost management capacity; and the effect of scale and the increase of high-margin business.