Chinese commercial property Dalian Wanda Group reported Saturday that its total income in the first half of this year reached 92.07 billion yuan ($14.82 billion), 24 percent higher compared with the same period of the previous year.

Its combined income from the commercial property sector hit 66.85 billion yuan in the first half, increasing by 18 percent year-on-year, the conglomerate said in a press release posted on its official website.

The income from its culture sector and department stores reached 14.09 billion yuan and 11.13 billion yuan, respectively.

Wanda also predicted that its total income is expected to exceed 244 billion yuan in 2014.