Core Viewpoint - The company reported a significant increase in revenue and a substantial reduction in losses for the nine months ending September 30, 2025, indicating a positive trend in its financial performance [1] Financial Performance - The group's total revenue for the nine months was approximately HKD 6.728 billion, representing a year-on-year increase of about 66.4% [1] - The loss attributable to shareholders was approximately HKD 16.165 million, a reduction of 91.5% compared to the previous year [1] Key Factors Influencing Performance - The increase in revenue was primarily driven by the higher total floor area sold from properties held for sale [1] - Significant property deliveries during the review period included projects in Guangzhou, Huizhou, and Foshan, with the Guangzhou project having a higher gross profit margin, contributing to increased property sales profits compared to the same period in 2024 [1] - The company recognized an inventory impairment provision of approximately HKD 1.097 billion due to indications of impairment in some property projects, a notable change from no provisions in the same period last year [1] - The company also reported a fair value loss on investment properties of approximately HKD 99.12 million, compared to HKD 25.83 million in the same period last year, after accounting for related deferred tax expenses [1]
粤海置地(00124)前三季度归母净亏损1616.5万港元，同比收窄91.5%