China Resources Land Company profile
About China Resources Land Limited
China Resources Land Limited is an investment holding company mainly engaged in the development of properties for sale. Along with subsidiaries, the Company operates its business through four segments: The Development Properties for Sale segment, the Property Investment and Management segment, the Hotel Operations segment, the Construction, Decoration Service and Others segment. The Company’s investment properties include commercial buildings, offices and hotels, among others. Its major investment properties include Shenzhen MIXc, Hangzhou MIXc, Shenyang MIXc, Beijing CR Building, Beijing Qinghe Hi5 Office, among others.
Financial summary
BRIEF: For the six months ended 30 June 2021, ChinaResources Land Limited revenues increased 64% to RMB73.74B.Net income applicable to common stockholders increased 15%to RMB13.13B. Revenues reflect Sale of Developed Propertiessegment increase of 69% to RMB60.93B, Property Investmentsand Management segment increase of 60% to RMB7.55B,Construction, Decoration Services and Others segmentincrease of 14% to RMB4.53B.
Equity composition
FY'04 financials are restated due to changes in accountingpolicies. 01/2015, Rights Issue, 2 new shares for every 9shares held @ 18.0104 HKD (Factor 1.03373).