GRAND FIELD GP Anticipates Shareholder Loss Between HK$78 Million and HK$87 Million for 2025 Fiscal Year

Stock News
Mar 25

GRAND FIELD GP (00115) has announced that the group expects to record an attributable loss to its company owners of approximately HK$78 million to HK$87 million for the fiscal year ending December 31, 2025. This compares to an attributable loss of approximately HK$251.3 million for the 2024 fiscal year. The reduction in loss is primarily attributable to several factors: (i) an increase in gross profit from about HK$16 million in 2024 to approximately HK$20 million in 2025, driven by higher revenue; (ii) a decrease of about 21.7% in administrative expenses for 2025 compared to the previous year, resulting from the group's proactive review and streamlining of its cost structure to achieve greater capital efficiency in its operations; (iii) the recognition of a one-time gain of approximately HK$60 million from the sale of a 100% equity interest in Jiafeng Industrial Co., Ltd. during 2025; and (iv) a significant reduction in the fair value loss recognized on the group's investment properties for the 2025 fiscal year compared to the same period last year.

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