Wanda Group said on Tuesday that its revenue in the first half of 2016, excluding the Wanda Department Stores division, jumped 10.6 percent year-on-year to 119.93 billion yuan ($17.98 billion), reaching 111 percent of the target for the period.
According to an e-mail sent to the Global Times, Wanda's assets in the -period totaled 736.8 billion yuan, up 12.1 percent from the end of 2015.
Its overseas income accounted for 14.8 percent of the group's revenues, reaching 17.69 billion yuan in the first half of the year, up 78.6 percent from the same period a year earlier. Revenue reached 101.7 percent of the half-year target for overseas income.
Wanda Commercial Properties' revenue in the first half reached 64.36 billion yuan, 106.6 percent of the target for the period. The Commercial Properties' revenue included 50.62 billion yuan in contracted revenue, which was 108.3 percent of the goal for the first six month's of the year, down 17.3 percent from the same period in 2015.
Commercial rental income climbed 27 percent to 8.48 billion yuan, with the company reporting a rent collection rate of 100 percent.
