SEHK:270Water Utilities
Assessing Guangdong Investment (SEHK:270) Valuation After Profit Guidance And Business Reshaping
Guidance-driven profit jump and business reshaping
Guangdong Investment (SEHK:270) has put out preliminary unaudited guidance for 2025, flagging about a 43% rise in profit attributable to owners compared with the audited HK$3,142 million reported for 2024.
The uplift is tied to two main factors: the spin out of Guangdong Land Holdings Limited through a special dividend in specie that removed its losses from group results, and higher profit from continuing operations helped by lower net...