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Guangdong Land Posts 8% Higher H1 Loss

MT Newswires Live2024-09-24

Guangdong Land Holdings (HKG:0124) reported a loss attributable to the shareholders of HK$217 million for the first six months ended June 30, an 8.4% increase compared with HK$200.3 million in the previous year, according to a Tuesday filing with the Hong Kong bourse.

Loss per share was HK$0.1268, compared with HK$0.1170 in the year-ago period.

Revenue for the first half was HK$2.80 billion, compared with HK$973.6 million in the prior year.

The real estate company stocks were up by over 1% in recent trading.

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