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GUANGDONG INV Tumbles 13%; 2024 NP Up Just 0.6% w/ Final DPS Axed by 41%
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GUANGDONG INV (00270.HK) reported a mere 0.6% YoY rise in net profit last year to RMB3.142 billion. The company proposed a final DPS of HKD7.27 cents, a marked 41% reduction from the previous year’s final DPS of HKD12.33 cents.

The news dragged the company’s stock price down, opening 9.38% lower today (25th). It bottomed at HKD5.41 in early trading and last stood at HKD5.46, down 13.2%, with a trading volume of 51.1308 million shares and a turnover of HKD284 million.

Related NewsGUANGDONG INV Full-Yr NP $3.142B, Mildly Up 0.6%; Final Div. HK7.27 Cents

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