26/11/2018-2

Zhuang Shi earns 2% interest for 3.5% in half a year.

Chuangshi Institution (00367) As of the end of September this year, the profit attributable to shareholders was approximately 507 million yuan, an increase of 2.2%. Earnings per share was 30.34 cents, and the interim dividend was 3.5 cents per share, an increase of 17% over the same period last year. Zhuang Jiabin, vice chairman of the group, said that he closely followed the progress of the project at No. 15 Songshan Road on the top of the mountain to speed up the reconstruction of the project. The Group aims to complete the Disposal and receive the remaining cash of approximately RMB 980 million by the end of the financial year ending March next year. It is expected that the completion of the sale will further bring a net profit of approximately RMB 460 million to the Group.