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We Think Guangdong Investment (HKG:270) Can Stay On Top Of Its Debt
Guangdong Investment's 2024 Profit Stays Nearly Flat
[Brokerage Focus] Zhongtai International: Shenzhen plans to raise water prices, CHINA WATER (00855) and others are expected to benefit.
Jinwu Finance News | According to a Research Report from Zhongtai International, the Shenzhen Development and Reform Commission recently announced that a hearing for adjusting the city's water supply prices will be held on April 11. According to the two proposed pricing schemes, the comprehensive price of tap water is expected to increase by 13.1% from 3.449 yuan per cubic meter to 3.8991 yuan per cubic meter (including tax). The report indicates that in recent years, tap water prices have been raised in different regions across the country, for instance, some areas in Shanghai have already implemented increases in 2024, reflecting the principles of market-oriented policies. In August 2021, the National Development and Reform Commission issued the "Regulations on the Management of Urban Water Supply Prices," establishing that water pricing will consider the operational costs of water supply companies more significantly.
GUANGDONG INV (00270) appoints Kuang Hu as Executive Director and General Manager.
GUANGDONG INV (00270) announced that Mr. Kuang Hu will be appointed as the company's Executive Director and Managing Director; Mr. Wang Min will...
GUANGDONG INV (00270.HK) announced annual performance with a consolidated profit of 3.142 billion Hong Kong dollars and a final dividend of 7.27 Hong Kong cents.
On March 24, the company GUANGDONG INV (00270.HK) announced that for the year ending December 31, 2024, the total revenue from its continuing Operation Business will be HKD 18.505 billion, with the group's total comprehensive profit attributable to the owners of the company for 2024 being HKD 3.142 billion (2023: HKD 3.122 billion), an increase of 0.6% compared to 2023. The basic earnings per share is HKD 0.4806, and the Board of Directors currently recommends a final dividend of HKD 0.0727 per share for the year ending December 31, 2024. The above dividend is in addition to the interim dividend already distributed in October 2024.
Express News | Guangdong Investment - Kuang Hu Will Be Appointed as an Executive Director
