Gemdale Properties Narrows Loss by 54% in H1; Shares Jump 2%

MT Newswires Live

2025/08/25

Gemdale Properties and Investment (HKG:0535) narrowed its attributable loss by 54% to 1.01 billion yuan in the first half of 2025 from 2.18 billion yuan a year prior, a late Aug. 22 Hong Kong bourse filing said.

Shares of the property firm were up 2% in Monday afternoon trading.

Loss per share was 0.0607 yuan, down from 0.1312 yuan in the year-ago period.

Revenue surged 97% to 6.47 billion yuan from 3.29 billion yuan in the first half of 2024, mainly due to an increase in revenue recognition from the sales of properties in the period.

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