On August 30, Qingjian International (01240.HK) announced that it achieved a revenue of 4.884 billion Hong Kong dollars for the six months ending June 30, 2024, an increase of 15.5% year-on-year. The gross margin was 0.281 billion Hong Kong dollars, an increase of 258% year-on-year. The attributable net profit to owners of the company was 23.831 million Hong Kong dollars, with basic earnings per share of 0.014 Hong Kong dollars. During the reporting period, the gross margin of the group was approximately 5.7% (for the six months ending June 30, 2023: approximately 1.9%). The increase in gross margin was mainly due to efficient construction cost management in Singapore, resulting in a higher gross margin for the reporting period compared to the same period in 2023.