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The latest announcement is out from Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H ( (HK:1635) ).
Shanghai Dazhong Public Utilities (Group) Co., Ltd., a Hong Kong-listed Chinese public utilities provider, reported largely stable top-line performance for the first quarter of 2026. The company remains focused on delivering core public services in the PRC market, supported by a board of executive, non-executive and independent directors overseeing governance.
In its unaudited first-quarter figures, the group posted revenue of RMB2.08 billion, up 0.20% year on year, but saw total profit fall 46.55% to RMB150.97 million. Net profit attributable to shareholders dropped 73.82% to RMB50.83 million, with profit after deducting non-recurring items down 25.52%, highlighting pressure on underlying profitability despite steady revenue.
More about Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H
Shanghai Dazhong Public Utilities (Group) Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong that operates in the public utilities sector. The group provides essential utility-related services on the mainland Chinese market, positioning itself as a key infrastructure and services player serving urban and regional development needs.
Average Trading Volume: 108,415,830
Technical Sentiment Signal: Hold
Current Market Cap: HK$16.54B
See more insights into 1635 stock on TipRanks’ Stock Analysis page.