HK Stock Market Movement | guangdong inv (00270) fell by over 7%. Deutsche Bank points to potential inventory impairment losses and low gross margin in its property investment and development business.

Guangdong Inv (00270) fell more than 7%, as of the time of publication, it fell by 7.68% to 4.93 Hong Kong dollars, with a turnover of 0.106 billion Hong Kong dollars.

Zhitong FinanceOct 8 23:36 ET

There's Reason For Concern Over Guangdong Investment Limited's (HKG:270) Massive 27% Price Jump

Simply Wall StSep 27 19:50 ET

GUANGDONG INV: 2024 Interim Report

HKEXSep 23 05:16 ET · Announcements

GTJA maintains a 'shareholding' rating for Guangdong Inv (00270), pointing out that its H1 performance is in line with expectations, and the water resources operation business is steadily growing.

Jingu Finance | Guangdong Inv (00270), as indicated by GTJA's research, achieved half-year performance in line with expectations. The company recorded revenue of HKD 12.291 billion in the first half of 2024, an 8% year-on-year increase. Its net income attributable to shareholders reached HKD 2.411 billion, a 5% year-on-year decline. The stable growth of the company's water resources and power generation business offset the decrease in profit from property investment and development business and the 2.2% year-on-year decline in the RMB to HKD exchange rate. The bank pointed out that the company's operations are stable, the water resources operation business is steadily growing, and the cash flow is sufficient. In the first half of 2024, the company had a cash inflow of HKD 4.876 billion from operating activities, with a capital expenditure of 4.

Golden Guardians Financial NewsSep 23 03:58 ET

Guangdong Investment Limited's (HKG:270) Biggest Owners Are Private Companies Who Got Richer After Stock Soared 4.6% Last Week

Simply Wall StSep 18 19:36 ET

GUANGDONG INVEST To Go Ex-Dividend On October 10th, 2024 With 1.53695 USD Dividend Per Share

Moomoo NewsSep 13 20:40 ET