Guangdong Land's Managing Director Steps Down; Successor Named
Li Yonggang has resigned as Guangdong Land Holdings' (HKG:0124) managing director and an executive director due to changes in work arrangement effective today, Thursday, a same-day filing on the Hong
Guangdong Land Holdings 1Q Loss HK$99.7M Vs. Net HK$110.9M >0124.HK
Guangdong Land Holdings 1Q Loss HK$99.7M Vs. Net HK$110.9M >0124.HK
Guangdong Land (00124.HK): Loss attributable to company holders of HK$99.75 million in the first quarter
On April 25, GLONGHUI | Guangdong Land (00124.HK) announced that for the three months ended March 31, 2024, the Group's consolidated revenue was approximately HK$1,741 million (2023: HK$431 million), an increase of about 303.7% over the same period last year. The increase in revenue was mainly due to an increase in the total floor area of properties held for sale. During the period under review, the Group recorded losses attributable to company owners of approximately HK$99.75 million (2023: profit of HK$111 million). The main factors affecting the aforementioned Group's results for the three months ended March 31, 2024 include: (a) Collection
粵海置地:截至2024年3月31日止三個月之未經審核財務資料
Guangdong Land (00124): Wang Jian appointed as Executive Director and Managing Director
Zhitong Finance App News, Guangdong Land (00124) issued an announcement. Li Yonggang has proposed to resign as the company's executive director and managing director, effective April 25, 2024; and Wang Jian has been appointed as the company's executive director and managing director, effective April 25, 2024.
粵海置地:2023年年報
Guangdong Land to Swing to Loss in Q1
Guangdong Land Holdings (HKG:0124) expects an attributable loss of up to HK$100 million for the three months ended March 31, as opposed to a profit of HK$111 million a year ago, according to a Friday
Guangdong Land (00124.HK) Profit Alert: It is estimated that the owners of the company will lose no more than HK$100 million in the first quarter
On April 12, GLONGHUI | Guangdong Land (00124.HK) issued an announcement. It is expected that the Group will record an unaudited loss attributable to company holders of not more than HK$100 million for the three months ending March 31, 2024, while unaudited profit attributable to company holders for the same period in 2023 is approximately HK$111 million. As of March 31, 2024, the Group's financial position remained stable. According to the announcement, the main factors affecting the Group's expected performance for the three months ended March 31, 2024 include: (a) The Group recorded fair value return on investment properties during the review period compared to 2023
Guangdong Land (00124.HK) held a board meeting on April 25 to consider and approve the first quarter results
Gelonghui, April 12 | Guangdong Land (00124.HK) announced that the company will hold a board meeting on April 25, 2024 (Thursday) to consider and approve (including) the announcement of unaudited financial data of the company and its subsidiaries for the three months ended March 31, 2024.
Guangdong Land Holdings Limited's (HKG:124) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Unfortunately for some shareholders, the Guangdong Land Holdings Limited (HKG:124) share price has dived 27% in the last thirty days, prolonging recent pain. For any long-term shareholders, the las
Citibank: Lowering Guangdong Investment Rating to “Neutral” Target Price to HK$4
Citigroup released a research report saying that considering the decline in dividend visibility of Guangdong Investment (00270), the rating was downgraded from “buy” to “neutral”, the net profit forecast for 2024-25 was lowered by 23% to 25%, and the target price was drastically lowered by 35% to HK$4 from HK$6.2. The industry's preferred stock was Yangtze River Infrastructure (01038). The bank explained that Guangdong Investment's subsidiary Guangdong Land (00124) China's real estate development project recorded an impairment loss of 1.8 billion yuan last year, reducing the net book value of the property to 32.8 billion yuan. The bank expects it to record more impairment losses this year. Also, Guangdong Investment cannot be 65% sure
Guangdong Land Chairman: To Accelerate Sales of Existing Projects in 2024 >0124.HK
Guangdong Land Chairman: To Accelerate Sales of Existing Projects in 2024 >0124.HK
Guangdong Land Chairman: 2023 Loss Mainly Due to Provision of Inventory Impairment of Around HK$2.41B >0124.HK
Guangdong Land Chairman: 2023 Loss Mainly Due to Provision of Inventory Impairment of Around HK$2.41B >0124.HK
Guangdong Land Holdings 2023 Rev HK$3.88B Vs. HK$1.38B >0124.HK
Guangdong Land Holdings 2023 Rev HK$3.88B Vs. HK$1.38B >0124.HK
Guangdong Land (00124.HK): Loss attributable to company holders of approximately HK$2,445 billion in 2023
Gelonghui March 25 | Guangdong Land (00124.HK) announced its 2023 annual results. The Group's consolidated revenue for 2023 was approximately HK$3,887 billion (2022: HK$1,378 billion), an increase of approximately 181.3% over the previous year. The increase in revenue was mainly due to an increase in the total floor area of properties held for sale. The Group recorded losses attributable to company holders of approximately HK$2,445 million (2022: profit of HK$393 million) in the year under review. According to the announcement, the main factors affecting the aforementioned Group's 2023 results include: (a) Affected by the real estate market
GD LAND: 2023 Annual Results Announcement
Guangdong Land (00124.HK) held a board meeting on March 25 to consider and approve the annual results
Glonghui March 11 | Guangdong Land (00124.HK) announced that the company will hold a board meeting on March 25, 2024 (Monday) to consider and approve (including) the annual results of the company and its subsidiaries for the year ended 31 December 2023, and to consider the proposed payment of a final dividend (if any).
GD LAND: Date of Board Meeting
Guangdong Land Holdings Secures HK$500 Million Loan Facility
Guangdong Land Holdings (HKG:0124) secured a HK$500 million revolving term loan facility to support its general working capital and debt refinancing needs. The loan, provided by a bank for 360 days, i
Guangdong Land (00124) was granted a non-committal revolving loan financing with a principal amount of HK$500 million
Guangdong Land (00124) announced that on February 29, 2024, the company accepted a bank (the bank...
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