On August 29, Greenland HK (00337.HK) announced that in the first half of 2024, guided by the group's global strategy, it effectively responded to industry challenges by flexibly applying innovative mechanisms. Not only did it deepen the comprehensive layout in core business areas, but it also demonstrated excellent execution and breakthrough spirit in multiple key projects. Under the guidance of diversification breakthroughs and innovative transformation, the company continuously expands its business boundaries, explores new sources of value, and has achieved significant results in deepening internal reforms, strengthening operations management, and actively embracing change.
For the six months ended June 30, 2024 (the "review period"), the group's total contract sales amounted to approximately RMB 4.193 billion, with total contracted building area sold being approximately 0.419 million square meters. Total revenue was approximately RMB 6.331 billion, a decrease of approximately 23% compared to the same period last year. The company's loss attributable to owners during the period was approximately RMB 0.483 billion. The balance of cash and cash equivalents (including restricted cash) was approximately RMB 1.883 billion. During the review period, the total building area sold and delivered was approximately 0.412 million square meters, a decrease of approximately 18% compared to the same period last year. The average selling price was approximately RMB 14,106 per square meter.
