Summary by Moomoo AI
Guangdong Investment Limited announced unaudited financial data for the nine months ended September 30, 2024, showing a 10.4% increase in revenue compared to the same period last year, reaching 18.142 billion Hong Kong dollars. However, pre-tax profit decreased by 11.2% to 5.288 billion Hong Kong dollars, and net profit attributable to owners of the company also decreased by 6.1% to 3.593 billion Hong Kong dollars. Total assets slightly decreased by 1.4%, while equity attributable to owners of the company increased by 3.5%. The financial report also mentioned that the company's total design water supply capacity and sewerage treatment capacity in the water supply, sewerage treatment, and water conservancy engineering business remained stable. In addition, Guangdong Investment's property investment and development business income increased, mainly due to the improvement in rental income. The company stated that it will continue to expand in the water resources industry chain and seize opportunities in the strategic planning of the Guangdong-Hong Kong-Macao Greater Bay Area development to enhance operational performance and overall value.