Guangdong Investment (HKG:270) Third Quarter 2024 Results
Key Financial Results
- Revenue: HK$5.85b (up 16% from 3Q 2023).
- Net income: HK$1.18b (down 9.1% from 3Q 2023).
- Profit margin: 20% (down from 26% in 3Q 2023).
- EPS: HK$0.18.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Guangdong Investment Earnings Insights
Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Water Utilities industry in Asia.
Performance of the market in Hong Kong.
The company's shares are down 3.8% from a week ago.
Risk Analysis
It is worth noting though that we have found 4 warning signs for Guangdong Investment that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SEHK:270
Guangdong Investment
An investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses.
Good value with adequate balance sheet and pays a dividend.
