Company Profile For Shui On Land Limited

Shui On Land Limited is the flagship property development company of the Shui On Group in the Mainland China. The Company is engaged in planning and developing large-scale, mixed-use, city-core projects and integrated developments in the Mainland China. The Company has access to approximately 13.2 million square meters of gross floor area (GFA), including public facilities, and has eight projects in various stages of development in Shanghai, Hangzhou, Chongqing, Wuhan, Dalian and Foshan. The Company operates in two segments: property development and property investment. Property development is engaged in the development and sale of properties. Property investment is engaged in property letting, management and operations of serviced apartments. Some of its subsidiaries include Ally Victory Limited, Atlantic Best Limited, Best View Development Limited and Billion China Investments Limited.

BRIEF: For the six months ended 30 June 2009, Shui On Land Limited's revenues increased 18% to RMB1.34B. Net income increased decreased 45% to RMB718M. Revenues reflect an increase in income from Property development business segment. Net income was offset by lower other income, decreased gross profit margins, higher cost of sales, lower operating profit margins and the absence of gain on disposal of equity interests in subsidiaries.

Shui On Land Limited
34/f
Shui On Centre
6-8 Harbour Road, Wanchai
   
P: +85221.63861818
F: +85221.63855936

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