Asia
Guangdong Land Narrows Q1 Loss by 98%
Guangdong Land (HKG:0124) narrowed its attributable loss by 98% in the first quarter of 2026 to HK$2.9 million from HK$154 million a year prior, according to a Tuesday Hong Kong bourse filing.Shares of the real estate firm were up over 2% in Wednesday afternoon trading.Revenue jumped 108% to HK$1.58 billion from HK$759.1 million in the year-ago period, mainly due to a rise in the sale of gross floor area of properties held for sale.
HKG:0124
