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Guangdong Land Narrows Q1 Loss by 98%

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-- 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.

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