Easy Habitat unaudited second quarter and first half financial reports

* Total turnover of 163.4 million U.S. dollars, an increase of 43%. Among them, the new house agent business income of 62.6 million U.S. dollars, an increase of 38%, the real estate online advertising business for 71.9 million U.S. dollars, the year-on-year growth of 79%. * New House total sales area of 5.2 million square meters, an increase of 33%. The total sales amount of the new house is 46 billion yuan (7.4 billion U.S. dollars), an increase of 44%. * Adjusted operating profit of USD 16.8 million, operating loss of $2.9 million in the two quarter of last year. * The net profit on the adjusted ownership of the vulnerable shareholders was $15.3 million, an increase of 127% per cent, equivalent to 11 cents for each share, with a net profit of 6.8 million U.S. dollars over the same period last year, equivalent to 6 cents per share earnings.

Financial and operational highlights in the first half of 2013

* Total turnover of 280 million U.S. dollars, an increase of 62%. Among them, the new house agent business income of 119 million U.S. dollars, an increase of 80%, the real estate online advertising business for 111.7 million U.S. dollars, the year-on-year growth of 83%. * New House total sales area of 9.5 million square meters, an increase of 66%. The total sales amount of the new house is 85 billion yuan (13.6 billion U.S. dollars), an increase of 82%. * Adjusted operating profit of USD 17.6 million, operating loss of $42.6 million in the first half of last year. * The net profit on the adjusted ownership of the vulnerable shareholders is $19.5 million, equivalent to 15 cents per share; net loss of 10 million dollars over the same period last year, equivalent to 11 cents per share loss.

"I am satisfied with the results achieved in the two quarter and first half of this year," said Mr. Zhou Yi, co-chairman and President of the Board. In addition to good performance, the company completed the first half of the real estate electric business platform and real estate mobile internet platform upgrade and build, as well as Rick and Swiss house price system and cloud call system construction. All these will lay a solid foundation for the company's next round of development. It is worth mentioning that, after a full two years of effort and investment, our electric business platform is truly mature. In particular, we launched on June 18 this year, the 3.0 open platform, so that our real estate dealers completed a qualitative leap, and further received wide recognition and participation in the industry. As of August 15 this year, we have signed a real estate electrical service contract with 986 real estate development project companies. ”

"Recently, the Chinese government has proposed the goal of promoting a more stable and healthy development of the real estate industry, and will actively and steadily promote the new urbanization process," Zhou said. This provides the direction for the next round of real estate industry development, but also brings opportunities. We will rely on the company in the first half of this year to achieve the important deployment, seize this round of industry development opportunities for shareholders to create more value. ”

"Thanks to the stable policy environment and the good executive power of the company's major sectors, the company's profit this year is significantly better than the same period last year," added Ms. Hu, the chief financial officer. In addition, we have completed the cost structure adjustment since last year to maintain stable operating costs while increasing turnover. We will continue to implement cost control measures to further improve the profitability of the company. ”

Business outlook

The company's annual turnover forecast for 2013 rose from about $600 million trillion in the last quarter to about 630 million U.S. dollars, up 36% from 462.4 million a year on 2012. The forecast reflects the company's current and preliminary views and may change.