Guangdong Investment ( (GGDVY) ) has released its Q1 earnings. Here is a breakdown of the information Guangdong Investment presented to its investors.
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Guangdong Investment Limited is a diversified company based in Hong Kong, primarily engaged in water resources, property investment, and energy projects, with a significant presence in Mainland China.
In its latest quarterly earnings report for the period ending March 31, 2025, Guangdong Investment Limited reported a slight decrease in revenue by 0.7% compared to the same period last year, while profit before tax saw a modest increase of 2.0%. The company also completed a special dividend distribution of GD Land shares, impacting its total assets significantly.
Key financial highlights include a 2.5% increase in profit attributable to owners, despite a 29.4% decrease in total assets due to the GD Land disposal. The water resources segment, particularly the Dongshen Water Supply Project, showed a mixed performance with a decrease in water supply volume but a slight increase in profit before tax. The property investment sector saw a 3.0% revenue increase, driven by higher rental income, while the energy projects experienced a decline in revenue due to lower electricity tariffs.
Looking forward, Guangdong Investment Limited aims to focus on expanding its water resources segment and optimizing its asset portfolio. The company plans to leverage opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area to enhance operational performance and corporate value, amidst global economic uncertainties.
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