Shanghai Dazhong Public Utilities (01635) fell by over 10% in the afternoon, hitting a low of 2.11 Hong Kong dollars during the session, down over 40% from this Monday's high of 3.62 Hong Kong dollars. As of the time of publication, it has dropped by 10.59%, to 2.11 Hong Kong dollars, with a trading volume of 0.143 billion Hong Kong dollars.
According to the Zhitong Finance APP, Shanghai Dazhong Public Utilities (01635) fell by over 10% in the afternoon, hitting a low of 2.11 Hong Kong dollars during the session, down over 40% from this Monday's high of 3.62 Hong Kong dollars. As of the time of publication, it has dropped by 10.59%, to 2.11 Hong Kong dollars, with a trading volume of 0.143 billion Hong Kong dollars.
In terms of news, Shanghai Dazhong Public Utilities released its third-quarter report for 2024, achieving revenue of 4.721 billion yuan, a decrease of 2.16% year-on-year; net income attributable to the parent company was 0.17 billion yuan, a decrease of 37.65% year-on-year. In the third quarter, the company's main operating income was 1.099 billion yuan, a decrease of 15.11% year-on-year; the net profit attributable to the parent company for the quarter was 48.1836 million yuan, an increase of 123.58% year-on-year.
It is worth noting that Shanghai Dazhong Public Utilities recently announced that there was abnormal volatility in the trading of the company's A shares, with no significant undisclosed information. It is reported that Shenzhen recently publicly solicited opinions on the action plan to promote high-quality development of venture capital. Shanghai Dazhong Public Utilities is known to have shares in three venture capital platforms, namely Shenzhen Innovation Investment Group Co., Ltd., Shanghai Huacan Equity Investment Fund Partnership (Limited Partnership), and Shanghai Xingye Entrepreneurship Investment Co., Ltd.