Joy City disclosed its interim report on August 30, 2021. The company achieved total operating income of 14.25 billion in the first half of 2021, a year-on-year increase of 16.9%; net profit attributable to parent company was 610 million, a year-on-year increase of 8.7%; earnings per share It is 0.14 yuan.

Note: Joy City completed a major asset reorganization on February 02, 2019.

's expense ratio decreased by 2.9% during the period, reasonable expense control, and operating cash flow changed from positive to negative (current period amount is 7.79 billion) The 16.9% growth rate of operating income resulted in a 14.7% drop in gross profit margin. The expense ratio during the period was 11.1%, a decrease of 2.9% from last year, and the expense control was reasonable. Operating cash flow decreased from 180 million to -779 million, a year-on-year decrease of 4456.3%.

This issue of "commercial housing sales" has contributed a lot to the revenue.
From the perspective of business structure, "commercial housing sales" is the main source of business income. Specifically, the operating income of "commercial housing sales" was 10.89 billion, the revenue accounted for 76.6%, and the gross profit margin was 22.1%.


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