Real Estate · 2022 Semi -annual report | Jinhui Holdings: The revenue in the first half of the year was about 18.2 billion yuan, an increase of 13.4% year -on -year

On the evening of August 19th, Jinhui Holdings (09993HK, HK $ 4.1, a market value of HK $ 16.585 billion) issued a 2022 mid -term performance announcement.

As of June 30, 2022, Jinhui Holdings' contract sales were about 24.37 billion yuan, and the contract sales area was about 1.65 million square meters; operating income was about 18.2 billion yuan, a year -on -year increase of 13.4%; gross profit of about 3.3 billion yuan, gross profit margin of 17.7.7 %; Net profit is about 1.5 billion yuan, and the net interest rate is 8.2%.

During the reporting period, Jinhui Holdings's debt balance was about 43.5 billion yuan, a decrease of 17.7%from approximately 52.8 billion yuan from December 31, 2021. In the first half of the year, Jinhui Holdings's weighted average debt costs further decreased to 6.24%, a decrease of 0.34 percentage points from 6.58%on December 31, 2021.

As of June 30, 2022, the total construction area of ​​Jinhui Holdings was 29.634 million square meters, distributed in 34 cities across the country.

Jinhui Holdings believes that after the large -scale deleveraging of this round, the reasonable financing needs of real estate companies have been protected by policy, and the level of leverage is expected to turn stable. With the reduction of the LPR of the Central Bank and the Banking Insurance Regulatory Commission, and the lower limit of the interest rate of the first home loan, due to the policy of urban policies, various policies to relax housing credit conditions to meet the reasonable housing needs of home buyers.

Daily Economic News

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