---
title: "GD LAND reported a net loss attributable to shareholders of HKD 16.165 million for the first three quarters, narrowing by 91.5% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262861953.md"
description: "GD LAND announced its performance for the first three quarters ending September 30, 2025, with a net loss attributable to shareholders of HKD 16.165 million, a year-on-year narrowing of 91.5%. The group's consolidated revenue was approximately HKD 6.728 billion, an increase of 66.4% year-on-year, mainly due to the increase in the total floor area of properties held for sale. The performance was affected by multiple factors, including the delivery of high-margin projects, an impairment provision of approximately HKD 1.097 billion, and a fair value loss of investment properties of approximately HKD 99.12 million"
datetime: "2025-10-27T09:58:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262861953.md)
  - [en](https://longbridge.com/en/news/262861953.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262861953.md)
---

# GD LAND reported a net loss attributable to shareholders of HKD 16.165 million for the first three quarters, narrowing by 91.5% year-on-year

According to the Zhitong Finance APP, GD LAND (00124) announced that for the nine months ending September 30, 2025, the group's consolidated revenue was approximately HKD 6.728 billion, an increase of about 66.4% year-on-year. The increase in revenue was mainly due to the increase in the total floor area of properties held for sale. During this review period, the group recorded a loss attributable to the company's owners of approximately HKD 16.165 million, a year-on-year narrowing of 91.5%.

The main factors affecting the group's performance for the nine months ending September 30, 2025, include: (a) The properties delivered by the group during this review period were mainly the Guangzhou GD LAND YunGang City project, the Huizhou GD LAND YiGuiFu project, and the Foshan GD LAND ShiGuiFu project; among them, the Guangzhou GD LAND YunGang City project had a higher gross profit margin, resulting in an increase in property sales profit compared to the same period in 2024; (b) Due to the impact of the latest real estate market environment, the group recognized an inventory impairment provision of approximately HKD 1.097 billion during this review period (for the nine months ending September 30, 2024: none); (c) The group recorded a fair value loss on investment properties (net of related deferred tax expenses) of approximately HKD 99.12 million during this review period (for the nine months ending September 30, 2024: HKD 25.83 million)

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