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Guangdong Land Holdings Issues Profit Warning Amid Decreased Property Deliveries

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Guangdong Land Holdings Issues Profit Warning Amid Decreased Property Deliveries

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An update from Guangdong Land Holdings Limited ( (HK:0124) ) is now available.

Guangdong Land Holdings Limited has issued a profit warning, indicating an expected unaudited loss of up to HK$170 million for the first quarter of 2025, compared to a HK$100 million loss in the same period of 2024. This increase in loss is attributed to a decrease in the gross floor area of properties delivered, impacting the profit from property sales. Despite the anticipated loss, the company’s financial position remains stable.

More about Guangdong Land Holdings Limited

Guangdong Land Holdings Limited is a company incorporated in Bermuda, primarily involved in property development and management. The company operates within the real estate sector, focusing on the delivery and sale of properties.

YTD Price Performance: -36.67%

Average Trading Volume: 19,059

Technical Sentiment Signal: Strong Buy

Current Market Cap: €41.91M

See more data about 0124 stock on TipRanks’ Stock Analysis page.

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