China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) first quarter revenue of 18.8 billion yuan, net profit attributable to shareholders of 444 million yuan

On April 27, China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) (hereinafter referred to as ” China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) “) released the first quarter report of 2022.

According to the announcement, in the first quarter, China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) achieved an operating revenue of 18.8 billion yuan, a year-on-year increase of 48.36%; The net profit attributable to shareholders of listed companies was 444 million yuan, a year-on-year decrease of 33.72%. In this regard, China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) said in the report that the reason is that during the reporting period, the area of the company’s real estate projects completed, delivered and carried forward increased, so the carry forward income of real estate business increased, but affected by the downward trend of the market, the carry forward gross profit margin of real estate business decreased year-on-year; In addition, during the reporting period, the company’s equity method investment income and long-term equity investment disposal income decreased year-on-year.

By the end of the reporting period, China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) total assets amounted to 874328 billion yuan, an increase of 2.12% year-on-year; The owner’s equity attributable to shareholders of listed companies was 108772 billion yuan, a year-on-year increase of 0.09%.

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