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Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H ( (HK:1635) ) has issued an announcement.
Shanghai Dazhong Public Utilities (Group) Co., Ltd., a Hong Kong-listed Chinese public utilities group, derives most of its revenue from stable public utility operations while also generating income from financial assets held via associated companies. The company has issued a positive profit alert for 2025, estimating unaudited net profit attributable to shareholders at RMB350 million to RMB500 million, a year-on-year increase of about 50% to 114%, driven largely by higher income from financial assets in associated companies, while underlying profit excluding non-recurring items is expected to range from a slight decline to moderate growth; the figures remain preliminary and unaudited, and investors are cautioned as final results will be released by end-March 2026.
The most recent analyst rating on (HK:1635) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H stock, see the HK:1635 Stock Forecast page.
More about Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H
Shanghai Dazhong Public Utilities (Group) Co., Ltd. is a PRC-incorporated public utilities group listed in Hong Kong that operates mainly in core public utility businesses, supplemented by income from financial assets held through associated companies.
Average Trading Volume: 43,468,614
Technical Sentiment Signal: Buy
Current Market Cap: HK$19.66B
See more insights into 1635 stock on TipRanks’ Stock Analysis page.