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Analysis of China SCE Group's 2022 interim Report: Adherence to prudent operation, enhancement of strategic synergy, and resilience for going through cycles
2022.08.31
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On August 30, the performance report for the first half of 2022 was announced by China SCE Group as scheduled. According to the report, in the first half of 2022, contracted sales of RMB32.6 billion, revenue of RMB15.4 billion, profit for the period of RMB1.5 billion, core profit of RMB1.2 billion and contracted sales to be delivered of 122.7 billion yuan were recorded.

Benefitted from the diversified competitiveness of the "Primary business supplemented by synergic business activities" strategy, against the backdrop of the industry downturn, China SCE Group’s net profit achieved positive returns, maintained a stable capital structure and reasonable arrangement of debt maturities, and kept a record of "zero default", manifesting the stable and safe operation fundamentals of the enterprise.

In addition, China SCE Group successively won various awards in the first half of this year: Fortune China 500 for 7 consecutive years, Top 30 of China's top 100 Real Estate Companies in 2022, Top 7 of China's Top Ten Commercial Real Estate Enterprises in 2022, TOD Benchmark Enterprise in 2022, TOP 23 of China's Top 100 Property Service Enterprises in 2022. Behind these awards is the affirmation and recognition of the solid operating results of China SCE Group under the strategy of "Primary business supplemented by synergic business activities".

In the future, China SCE Group will continue to adhere to the strategy, focus on first-tier and core second-tier cities, maintain stable operation, strengthen strategic synergy, further strengthen diversified competitiveness, continue to maintain and improve organizational stability and resilience in order to go through cycles and persist forward with resilient growth.