GBA Group (00261) announced interim results. Loss attributable to shareholders of HK$237.78 million increased by 41.25% year-on-year

According to the Zhitong Finance App, GBA Group (00261) announced unaudited interim results for the six months ended June 30, 2024. The group obtained revenue of HK$29.363 million during the period, an increase of 42.88% over the previous year; loss attributable to shareholders of HK$237.78 million, an increase of 41.25% over the previous year; and a basic loss of HK2.45 HK cents per share.

According to the announcement, during this period, revenue of approximately HK$12.1 million mainly came from sales of the remaining units in LANDMARK and China Construction & Jun Mansion, while most of the revenue of HK$6.3 million in the same period last year came from sales of LANDMARK and Evian Mountain Villa property units. The property business continued to be the Group's revenue-based business segment during the period, accounting for approximately 41.2% of the Group's total revenue.