Guangdong Land Holdings (124) Q1 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2026 earnings summary
28 Apr, 2026Executive summary
Revenue for Q1 2026 rose 107.5% year-over-year to HK$1,575 million, driven by increased property sales volume.
Loss attributable to owners narrowed significantly to HK$2.9 million from HK$154 million in Q1 2025.
Higher gross profit margins achieved, particularly from the Guangzhou GDH Future City Project.
Financial highlights
Gross profit surged 423% year-over-year to HK$265 million.
Total assets stood at HK$33,146 million as of 31 March 2026, down 1.2% from year-end 2025.
Equity attributable to owners increased 2.4% to HK$3,122 million, mainly due to RMB appreciation.
Net asset value per share rose 2.2% to HK$1.82.
Outlook and guidance
Revenue growth expected to continue, supported by ongoing property sales and project deliveries.
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