Grand Ming Group Posts Fiscal H1 Loss After Revenue Falls 63%

MT Newswires Live

2025/11/28

Grand Ming Group (HKG:1271) reported $26.1 million in attributable loss in the fiscal first half, swinging from a profit of $52.6 million a year earlier, according to a Hong Kong bourse filing Thursday.

Shares of the property developer fell over 7% in morning trade Friday.

Loss per share was $0.018, compared with earnings of $0.037 in the prior year.

Revenue decreased 63% year-on-year to $253.5 million, figures showed.

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