Gelonghui August 30th 丨Jinlun Tiandi Holdings (01232.HK) announced its interim results. For the six months ended June 30, 2023, revenue decreased by about 56.2% to approximately RMB 638.5 million; total contract sales decreased by about 33.5% to approximately RMB 562.7 million; loss during the period was approximately RMB 518.9 million (June 30, 2022: loss of RMB 360.0 million during the period), mainly due to (i) gross losses in real estate sales of the Group under the severe business environment of the real estate industry; and (ii) foreign exchange losses of approximately RMB 147.3 billion.

As of June 30, 2023On the same day, the total amount of cash and bank deposits held by the Group was approximately RMB 653.8 million (December 31, 2022: RMB 857.4 million).

As of June 30, 2023, the total investment property was approximately RMB 4.1194 billion (December 31, 2022: RMB 4.1193 billion).