Financial Performance - The group's consolidated revenue for the three months ended March 31, 2022, was approximately HKD 386.7 million, a decrease of 72.9% compared to HKD 1.42 billion in the same period of 2021[4] - The profit attributable to the company's owners for the same period was approximately HKD 152.8 million, down 28.0% from HKD 212.3 million in the previous year[4] - The fair value gain from investment properties was HKD 168.2 million, a significant increase of 534.3% compared to HKD 26.5 million in the same period last year[3] - The net financing costs increased by approximately HKD 10.01 million due to business expansion compared to the same period last year[5] Assets and Equity - Total assets as of March 31, 2022, amounted to HKD 48.21 billion, reflecting a 4.1% increase from HKD 46.31 billion as of December 31, 2021[3] - The equity attributable to the company's owners increased by 2.0% to HKD 8.66 billion from HKD 8.49 billion at the end of 2021[3] Project Development - The total floor area delivered for the Shenzhen Yuehai City project in the review period was 4,752 square meters, significantly lower than the previous year's total[5] - The company has ongoing projects with expected completion dates in 2022 and 2023, including commercial and residential developments in Shenzhen and other cities[9][10] - The cumulative signed floor area for pre-sold properties is being tracked, with significant portions already delivered, indicating ongoing market activity[12] - The company is focusing on expanding its market presence through new developments and strategic project completions in various regions[9] Floor Area Metrics - The total signed and delivered floor area for the group during the review period was approximately 27,000 square meters and 6,000 square meters respectively[14] - The Jiangmen Gan Hua project has a total area of 396,600 square meters with a 51% ownership, achieving a 8.5% margin[14] - The Zhuhai Jinwan project has a total area of 166,692 square meters with 100% ownership, achieving a 10.7% margin[14] - The Zhongshan Yuehai City project has a total area of 247,028 square meters with 97.64% ownership, achieving a 7.7% margin[14] - The Foshan Shi Gui Fu project has a total area of 151,493 square meters with 100% ownership, achieving a 6.1% margin[14]
粤海置地(00124) - 2022 Q1 - 季度财报