Summary by Moomoo AI
China Water released its annual report in 2024, which showed that revenue, gross profit, attributable net profit to shareholders, basic earnings per share and total dividends per share all decreased compared to the previous year, by 9.4%, 10.7%, 17.4%, 17.5% and 17.6%, respectively. Although revenue and profit declined, the company's total assets increased by 3.4%, total liabilities increased by 4.5%, and net asset value also slightly increased by 1.3%. China Water's business covers city water supply for over 30 million people, with over 149,000 kilometers of pipelines, as well as providing direct drinking water supply services to over 8.3 million people, and engaging in environmental businesses, including sewerage operation and construction, drainage operation, and water environmental governance construction projects. The board of directors recommended a final dividend of HK$0.15 per...Show More