Guangdong Land Holdings Limited (HK:0124) has released an update.
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Guangdong Land Holdings Limited reported a significant increase in revenue by 188% for the first half of 2024 compared to the previous year, yet faced a notable decline in gross profit by 48.2% and a stark decrease in fair value gains on investment properties by 99.9%. The company also experienced a loss attributable to owners of 8.4% more than the same period in 2023, alongside a complete halt in interim dividend payments to shareholders.
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