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The gross operating surplus amounted to 79.6% of the gross output in 1994. This was 0.1 of a percentage point lower than in 1993.

The total operating expenditure of these establishments accounted for 20.4% of the gross output. Compared with 1993, this increased by 0.1 of a percentage point.

The total value added of these establishments was $105.2 billion in 1994, representing an increase of 33.1% over 1993. It constituted 86.7% of the gross output performed. This was 0.5 of a percentage point lower than in 1993.

These figures did not include establishments which developed real estate projects for their own use, nor did they include those which owned land without developing it during the reference year.

Also excluded were real estate leasing and other related activities undertaken by individuals or firms which do not employ any persons.

A total of 8,440 establishments operated in the real estate development, leasing, brokerage and maintenance management services sector in 1994.

As regards establishments engaged in architectural, surveying and project engineering services, the gross output performed was $9.6 billion in 1994, representing an increase of 29.9% over 1993. This consisted of $9.3 billion for service income and $0.3 billion for other incomes.

The gross operating surplus amounted to 13.5% of the gross output in 1994, representing an increase of 0.6 of a percentage point over 1993.

The total operating expenditure of these establishments accounted for 86.5% of the gross output in 1994. This was 0.6 of a percentage point lower than in 1993.

The total value added of these establishments was $5.9 billion in 1994, representing an increase of 28.4% over 1993. It constituted 61% of the gross output performed. Compared with 1993, this decreased by 0.7 of a percentage point.

Some 1,340 establishments operated in the architectural, surveying and project engineering services sector in 1994.

More detailed results will be given in a full survey report to be published around August.

Enquiries regarding these survey results may be directed to the Building, Construction and Real Estate Statistics Section of the Census and Statistics Department, Tel 2882 4684.

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