GD LAND released its interim results, with a profit attributable to shareholders of HKD 282 million, turning from a loss to a profit year-on-year
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GD LAND released its mid-term results for 2025, with revenue of HKD 5.752 billion, an increase of 105.14% year-on-year; profit attributable to shareholders was HKD 282 million, turning a profit from a loss. The main factors include sales growth in projects in Guangzhou, Huizhou, and Shenzhen, particularly the high gross profit margin of the Guangzhou project. The group made a provision for inventory impairment of approximately HKD 768 million and recorded a fair value loss of approximately HKD 98.81 million on investment properties
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