---
title: "Glory Sun Land Expects HK$2.3 Billion Loss for 2024 on Property Market Weakness"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/233394661.md"
description: "Glory Sun Land Group anticipates a consolidated net loss of up to HK$2.3 billion for 2024, an increase from an HK$828 million loss the previous year. This loss is attributed to declining sales in its China real estate segment, higher write-downs on property inventories, decreased investment property values, and an impairment loss on a redevelopment project. The company reported a HK$1.57 billion loss in the first half of 2024, with shares dropping nearly 4% recently."
datetime: "2025-03-27T05:35:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233394661.md)
  - [en](https://longbridge.com/en/news/233394661.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233394661.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/233394661.md) | [English](https://longbridge.com/en/news/233394661.md)


# Glory Sun Land Expects HK$2.3 Billion Loss for 2024 on Property Market Weakness

Glory Sun Land Group expects to post a consolidated net loss of up to HK$2.3 billion for 2024, widening from an HK$828 million loss a year earlier, the company said in a Wednesday filing on the Hong Kong Exchange.

The property developer said the loss reflects a sharp decline in sales from its China real estate and property investment segment, higher write-downs on property inventories due to market weakness, a further drop in investment property values, and an impairment loss on a land redevelopment project.

Glory Sun reported a HK$1.57 billion loss for the first half of 2024.

Shares of the company fell nearly 4% in recent trade.

### 相關股票

- [GLORY SUN LAND (00299.HK)](https://longbridge.com/zh-HK/quote/00299.HK.md)

## 相關資訊與研究

- [Great China Holdings Posts Deeper 2025 Loss on Property and FX Hits](https://longbridge.com/zh-HK/news/281250022.md)
- [CNT Group Narrows Annual Loss Despite Revenue Slump and Deeper Property Revaluation Hit](https://longbridge.com/zh-HK/news/280832176.md)
- [Chestertons taps RESAAS to power new global real estate referral platform](https://longbridge.com/zh-HK/news/281225880.md)
- [Chinney Alliance Profit Slides as Property Write-Downs Bite, Foundation Unit Shines](https://longbridge.com/zh-HK/news/280697790.md)
- [Roadside Real Estate Triggers CSS Stake Sale to Fund Fuels Acquisition](https://longbridge.com/zh-HK/news/281138098.md)