For the six months ended 30 June 2011, the Company and its subsidiaries reported an unaudited turnover of HK$1,007,786,000, representing an increase of 15.95% as compared with that of HK$869,172,000 for the same period of 2010. Profit for the period was HK$282,507,000, representing an increase of 3.10% as compared with that of HK$274,017,000 for the same period of 2010. Profit attributable to owners of the Company was HK$214,715,000, representing an increase of 2.30% as compared with that of HK$209,881,000 for the same period of 2010. Basic earnings per share attributable to owners of the Company was HK$0.0696, representing a decrease of 2.25% as compared with that of HK$0.0712 per share for the same period of 2010.

In general, the Company recorded an ideal growth in revenue. Despite of being under the pressure of substantial increase in costs, having been benefited from the investment property under construction, the project of Shenzhen Aerospace Science & Technology Plaza, continuing to state at fair value, the overall profit of the Company was nearly the same as the same period of last year. Taking into account of the Company’s funding requirement for its development projects, the Board decided not to distribute an interim dividend.