Guangdong Investment's Q1 Profit Rises 2.5%

MT Newswires Live
29 Apr

Guangdong Investment (HKG:0270) recorded a 2.5% rise in attributable profit in the first quarter to HK$1.30 billion from HK$1.27 billion a year prior, a Monday filing with the Hong Kong bourse said.

The infrastructure company's revenue from continuing operations fell 0.7% to HK$4.62 billion from HK$4.65 billion previously.

The decline in revenue was mainly due to a lower revenue from department store operations, as well as the road and bridge and electric power generation businesses.

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