Fined 200 million big dragon six months net profit drop probably

Because of the "false ground King" incident renowned big Dragon Real Estate (600159) has not shaken off the shadow of performance.　　Yesterday, its announcement said the first half of the company's net profit fell by nearly 80% Year-on-year, mainly by the "false Ground King" event margin was confiscated influence.　　According to the reporter understood that, because the Big Dragon real estate did not pay the land price on time, in February this year by the city Land Bureau to cancel the Shunyi Valley Tianzhu Development Zone 22nd land to compete the qualification, at the same time the land Bureau to its already paid 200 million yuan bids the margin not to refund. As of the first half of the year, the Big Dragon Real estate completed the loss, to achieve operating income of 675 million yuan, compared with the same period of 1.11%.　　However, Tai Lung property said that the 200 million yuan deposit was confiscated, the first half of the company achieved net profit of 24.6258 million yuan, down 79.96% from a year earlier. It is reported that Tai Lung real estate in the first half of this year's main source of income is Beijing Yu Long garden Three projects, the property alone to support the big Dragon six months of performance. Big Dragon Real Estate by virtue of the project to achieve revenue 631 million, accounting for the first half of the company's revenue 93.48%.