Guangdong Land to Widen Loss in Q1

MT Newswires Live

2025/04/11

Guangdong Land (HKG:0124) expects an attributable loss of up to HK$170 million for the three months ended March 31, up from HK$100 million a year prior, a Friday Hong Kong bourse filing said.

The real estate firm attributed the forecast mainly to lower profits from property sales due to decreased gross floor area of properties delivered.

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