10/9/2018-7

monthly sales of buildings, sales of 42.5 billion tons of goods

Benefiting from the new sales, Xindi (00016)’s basic profit for the year increased by 17% year-on-year, with a final interest rate of 3.45 yuan, a full-year dividend of 4.65 yuan and a current dividend yield of 4.1%. The management indicated that it will maintain the pace of “selling in the month and month” and is confident of completing the target of selling in Hong Kong this year.

As of the end of June this year, the comprehensive income of Xindi was 85.6 billion yuan, up nearly 10% year-on-year, of which property sales revenue rose 9% to 41.9 billion yuan. The net profit of the book is nearly RMB 50 billion. If the property revaluation factor is removed, the basic profit of the core business will be RMB 30.4 billion, an increase of 17%.

Basic profit increased by 17%, final interest was 3.45 yuan

The Group’s annual dividend of 4.65 yuan, an increase of 13% over last year, based on yesterday’s closing price, the dividend yield was 4.1%. Xindi was released after the market closed yesterday. The stock price closed at 114.7 yuan, up 1.5%, with a turnover of 480 million yuan.

Xinyi, the deputy managing director of the company, said that it will continue to promote in Hong Kong in the next nine months, including the second phase of the Tuen Mun Royal Mid-Levels and the PARK YOHO Napoli in Yuen Long, and that the interest rate hike in Hong Kong and the United States will have little impact on the demand of the first-hand property market and home ownership. See the separate article – expected to maintain healthy development in the next two years), confident that it can complete the medium-term target of 42.5 billion yuan in sales this year. The Group’s Chairman and Managing Director, Mr Kwok Ping-lian, added that the Group will respond to the Government’s request that “developers sell their buildings early” and hope to continue to adapt to the market and promote the rotation of goods. According to the performance report, since the beginning of July this year, Xindi’s residential sales in China and Hong Kong have exceeded 27 billion yuan.

Guo Bingxiang, the former chairman of the group, was admitted to the hospital earlier because of a stroke. His brother Guo Binglian said that Guo Bingxiang is still in hospital for observation and the situation is stable. After the completion of the performance yesterday, he also went to the hospital to visit his brother.

Guo Jihui Tuo Huanan Guo Jiyu attacked North China

The “third generation” of the Xindi Guo family, two executive directors, Guo Jihui and Guo Jiyu, joined the board of directors in the early years and announced the specific division of labor yesterday. Guo Jihui said that he is still accumulating practical experience and will focus on residential development, farmland and market planning in southern China. Guo Jizhen said that he would be responsible for the leasing business in residential and commercial areas, taking into account the development of the North China market.

In May of this year, Xindi announced that it has won a commercial land in Guangzhou Nansha Free Trade Zone with an area of ​​about 435,000 square feet. Guo Jihui said that Nansha is regarded as the deputy city center of Guangzhou and the transportation hub of the high-speed rail and Guangzhou railway. It hopes to attract mainland enterprises to open headquarters or logistics support centers in the land. However, the group has not implemented the investment amount and only said that it will cooperate. Guangdong, Hong Kong and Macau Dawan District Development.