272 瑞安房地產

Turnover reached RMB2,184 million or HK$2,381 million, slightly higher than that of the corresponding periodin 2007 (2007: RMB2,178 million or HK$2,200 million).


A total of 36,400 sq.m. of saleable GFA or 224 units were sold, giving rise to a turnover from property sales ofRMB1,879 million (2007: 46,400 sq.m. or 263 units and property sales turnover of RMB1,943 million).


Property investment turnover increased by 34% to RMB287 million (2007: RMB214 million). At 30 June 2008,the size of our investment property portfolio had increased to 262,000 sq.m. of leasable GFA (31 December 2007:253,000 sq.m.).


Profit attributable to shareholders was RMB1,778 million or HK$1,938 million, an increase of 62% over that ofthe corresponding period in 2007 (2007: RMB1,098 million or HK$1,109 million).


Excluding the effect of revaluation of investment properties and fair value adjustment on derivative financialinstruments, the underlying profit attributable to shareholders was RMB1,577 million or HK$1,719 million, anincrease of 70% over that of the corresponding period in 2007 (2007: RMB930 million or HK$939 million).


Earnings per share was RMB42 cents or HK46 cents (2007: RMB26 cents or HK26 cents), an increase of 62%.
An interim dividend in respect of the six months ended 30 June 2008 of HK7 cents (2007: HK5 cents) per sharehas been declared.


At 30 June 2008, the Group’s total landbank amounted to approximately 13.2 million sq.m. of GFA (of which 9.8million sq.m. are attributable to shareholders of the Company), comprising 8 projects that span over 6 cities,namely Shanghai, Hangzhou, Chongqing, Wuhan, Dalian and Foshan.


Total assets increased to approximately RMB35.4 billion (31 December 2007: RMB29.9 billion).


Total equity was RMB18.7 billion, of which RMB17.5 billion was attributable to shareholders of the Company(31 December 2007: total equity was RMB16.7 billion and RMB15.9 billion attributable).


Net debt was RMB5,440 million (31 December 2007: RMB3,375 million). Net debt to total equity ratio (“netgearing ratio”) increased to 29% as of 30 June 2008 (31 December 2007: 20%).

The Board has declared the payment of HK7 cents (equivalent to RMB6.1 cents) (2007: HK5 cents (equivalent toRMB4.8 cents)) per share as the interim dividend in respect of 2008.

最緊要係增加dividend......................