Grand Field Group expects 1H loss attributable to owners of HK$18 million-HK$24 million

PUBT · 1d ago
Grand Field Group expects 1H loss attributable to owners of HK$18 million-HK$24 million
  • Grand Field Group forecast a 1H 2026 loss attributable to owners of HK$18 million to HK$24 million, versus HK$6.1 million loss a year earlier.
  • Revenue expected to fall about 60% to HK$60.9 million from HK$148.8 million, led by weaker PRC property sales demand.
  • Year-ago results included a one-off HK$60.6 million gain from disposing of Ka Fong Industrial, absent this period.
  • Fair value loss on investment properties seen down about 86% from HK$92.2 million, partly offsetting the earnings hit.
  • Gross margin expected to rise to about 24% from about 8%, with selling, distribution, administrative expenses down about 40% to HK$22.9 million.


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