Minmetals Land Limited announced unaudited consolidated earnings results for the six months ended June 30, 2014. For the six months, the company announced revenue of HKD 1,659,015,000 compared to HKD 2,134,407,000 for the same period a year ago. Profit before tax was HKD 366,273,000 compared to HKD 443,423,000 for the same period a year ago. Profit for the period was HKD 167,317,000 compared to HKD 236,026,000 for the same period a year ago. Profit for the period attributable to equity holders of the company was HKD 173,330,000 compared to HKD 138,304,000 for the same period a year ago. Earnings per share for profit attributable to equity holders of the company, diluted was 5.18 cents compared to 4.13 cents for the same period a year ago.

The Group expects that improvement in turnover to reduce excessive inventory will be the focal point for industry players in the second half of 2014. Achieving a higher sales remains the Group's top priority so as to attain its annual contracted sales target.