Grand Field Group Sees Reduced Losses

Grand Field Group Holdings Ltd. (HK:0115) has released an update.

Grand Field Group Holdings Limited has reported an expected loss of HK$25.8 million for the first half of 2024, which is an improvement from the HK$31.1 million loss in the same period of 2023. This reduction in loss is primarily due to a higher gross profit margin in the Group’s real estate business and a decrease in administrative expenses. Shareholders and potential investors are cautioned to consider the unaudited nature of this information and to look out for the forthcoming interim results announcement.

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