HONG KONG, Sept. 28 (Xinhua) -- The Hong Kong government said Friday it has recorded a surplus of 1.2 billion HK dollars (154 million U.S. dollars) for the five-month period ending Aug. 31, pushing its fiscal reserve up to 370.5 billion HK dollars (47.5 billion U.S. dollars).

Statistics released by the Financial and the Treasury Bureau showed expenditure for the period totaled 94.6 billion HK dollars (12.13 billion U.S. dollars) while revenue amounted to 95.8 billion HK dollars (12.28 billion U.S. dollars), leading to a surplus of 1.2 billion HK dollars (154 million U.S. dollars).

A government spokesman said the surplus for the five-month period was mainly due to receipts of 38.1 billion HK dollars (4.88billion U.S. dollars) in land premium.