Guangdong Land Holdings Narrows Loss as High-Margin Projects Drive 107% Revenue Surge
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Guangdong Land Holdings Limited reported a 107.5% year-on-year revenue increase to HK$1.58 billion in Q1 2026, driven by higher sales from properties. The company's loss narrowed to HK$3 million from HK$154 million, aided by improved margins from the Guangzhou GDH Future City project. Despite a slight decline in total assets, net asset value per share rose to HK$1.82, indicating a stronger balance sheet. The focus on high-margin projects suggests a strategic shift aimed at future earnings recovery in a challenging property market.
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