Zhongtong Finance App news, JY Grandmark (02231) released its interim performance for the six months ending on June 30, 2024. The group's revenue increased by 607% to 2.304 billion yuan (same below), and the attributable loss to owners of the company decreased by 30.31% to 0.263 billion yuan compared to the same period last year, with a loss per share of 0.16 yuan.

The company focuses on developing high-quality residential properties that provide comfortable and convenient living environments. During the review period, the group's revenue from property development and sales business increased significantly by 729.2%, from 0.271 billion yuan in the first half of 2023 to 2.25 billion yuan in the same period of 2024, accounting for 97.7% of the group's total revenue during the review period. The significant increase in revenue is mainly due to the increase in the total construction area of properties delivered in the first half of 2024.