GDH Guangnan (Holdings) Limited (01203) reported revenue of HK$9,452 million for the nine months ended 30 September 2025, representing a 10% increase compared with the same period in 2024. Profit attributable to shareholders was HK$109 million, reflecting a 6% decrease compared with the same period last year. During the period, total assets stood at HK$5,082 million, up 3%, while shareholders’ equity rose 4% to HK$2,703 million.

In the fresh and live foodstuffs segment, revenue increased 11% year-on-year to HK$7,836 million. The segment profit, including the share of profit from an associate, stood at HK$157 million, a 5% decrease compared with the same period in 2024. The tinplating segment recorded a 7% increase in revenue to HK$1,602 million. Its segment profit rose 81% year-on-year to HK$59.29 million, benefiting from higher export sales and cost-reduction measures. In addition, investment properties posted a small fair value gain for the period. The company noted that market conditions, fluctuations in raw materials, swine price movements, and changes in demand remain key influences on performance in the near term.