Guangyu Group net profit of 102 million Yuan Rose 15%

NetEase Finance August 2 News Guangyu Group released 2010.5 Annual report late Monday.　　In the first half of 2010, Guangyu Group realized operating income of 553 million yuan, down 30.93% from a year earlier, of which the real estate development project settlement income of 534 million yuan, down 31.93%; The net profit of the shareholder of the listed company 102 million yuan, increase 14.6%. Semi-annual reports showed that the first half of the Guangyu group real Estate sector overall good, the statistics are more than the same period last year growth. January-June, the National Real estate development investment 1.9747 trillion yuan, an increase of 38.1%, the national Housing new construction area of 805 million square meters, an increase of 67.9%; housing completed area of 244 million square meters, an increase of 18.2% , the National Real estate Development Enterprises completed the land acquisition area of 185.01 million square meters, an increase of 35.6% per cent, land acquisition costs 422.1 billion yuan, an increase of 84%. The National commercial housing sales area of 394 million square meters, an increase of 15.4%.　　Commercial housing sales of 1.98 trillion yuan, an increase of 25.4%. At the end of the reporting period, Guangyu group total assets of 6.932 billion yuan, total liabilities of 5.109 billion yuan, the asset-liability ratio of 73.7%. 2.542 billion yuan in advance accounts, accounting for 49.75 of the total liabilities, in advance accounts will be converted into the company's main business income. On the structure of liabilities, the short-term borrowings and the illiquid liabilities maturing within one year are 345 million yuan, accounting for only 6.75% of the total liabilities and less pressure on short-term debt repayment. The first half of the operating activities net cash flow of 443 million yuan, operating activities per share net cash flow of 0.89 yuan. During the reporting period, the company had no additional land reserves.　　As of the end of the reporting period, the Guangyu group has a land reserve of 1.3493 million square meters and a 1.1828 million square meters of the company's rights.　　At the beginning of 2010, Guangyu Group established annual Business plan: The new starting area of 220,000 square meters, completed area of 400,000 square meters, the annual sales exceed 2.3 billion yuan.　　Profit distribution plan: Guangyu Group said that 2010.5, the company has no profit distribution plan. Related topics: Semi-annual report of 2010 listed Companies