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Controlling Shareholder Hikes Stake in Guangdong Investment
Guangdong Investment's (HKG:0270) controlling shareholder has bought 3,733,639,546 shares of the water utility and realtor from the secondary market, according to a Thursday filing with the Hong Kong
Changes in Hong Kong stocks | Beikong Water Group (00371) rose more than 5% to lead water stocks Guangzhou plans to implement a new water price plan, and the industry is expected to enter a new cycle of price increases
Water stocks had the highest gains in early trading. As of press release, Beijing Holdings Water Group (00371) rose 5.14% to HK$2.25; Guangdong Investment (00270) rose 4.4% to HK$4.51; and China Water (00855) rose 2.58% to HK$5.17.
Guangdong Investment (00270) was increased by the controlling shareholder Hong Kong Guangdong to 3,734 billion shares
Guangdong Investment (00270) issued an announcement. The ultimate controlling shareholder of the company, Guangdong Yuehai Holding Group Co., Ltd. (Guangdong Holdings...
Guangdong Investment (HKG:270) Could Be Struggling To Allocate Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Firstly, we'll want to see a proven return on capital employed (R
Guangdong Investment announced first-quarter results. Profit attributable to shareholders of HK$1,272 billion decreased by 0.9% year-on-year
Guangdong Investment (00270) announced results for the three months ended March 31, 2024. The group achieved revenue of HK$6.389 billion during the period, an increase of 19.8% over the previous year; profit attributable to shareholders was HK$1,272 billion, a decrease of 0.9% over the previous year. According to the announcement, the increase in revenue is mainly due to the increase in revenue from property investment and business development.
Guangdong Investment (00270.HK)'s profit before tax in the first quarter (excluding changes in fair value of investment properties) increased by 11.7% to HK$1,936 billion
Gelonghui, April 25 | Guangdong Investment (00270.HK) announced that for the three months ended March 31, 2024, the Group's unaudited consolidated revenue was HK$6.389 billion, an increase of 19.8% over the same period last year. The increase in revenue is mainly due to increased revenue from property investment and business development. Unaudited comprehensive profit before tax (excluding changes in fair value of investment properties) increased by 11.7% to HK$1,936 million during the period, mainly due to the steady growth of water resources business and power generation business, which offset the decline in profits from property investment and development businesses and the decline in the RMB exchange rate against the Hong Kong dollar by 3 compared to the same period last year.
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