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Radiance Unit Swings to Q1 Loss; Shares Jump 11%

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Radiance Holdings (HKG:9993) unit Radiance Group recorded an attributable loss of 4 million yuan in the first quarter, compared with an attributable profit of 99 million yuan a year prior, according to a May 1 Hong Kong bourse filing.

Shares of real estate firm Radiance Holdings were up over 11% in Monday afternoon trading.

Operating revenue slipped to 1.64 billion yuan from 2.42 billion yuan in the year-ago period.

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