GUANGDONG INV (00270) has announced that, based on a preliminary assessment of the company's unaudited consolidated management accounts for the fiscal year ending December 31, 2025, it expects the unaudited comprehensive profit attributable to the company's owners to increase by approximately 43%, calculated from the audited comprehensive profit of about HK$3.142 billion for 2024.
The anticipated growth in comprehensive profit attributable to owners is primarily attributed to two key factors: the completion of a special dividend payment on January 21, 2025, which was distributed in-kind through the distribution of shares in Guangdong Investment Limited (Guangdong Land); since this distribution, Guangdong Land has ceased to be a subsidiary, and its financial results are no longer consolidated into the company's financial statements (whereas the 2024 financial statements included its full-year loss). Additionally, profit from continuing operations during the review year showed growth compared to 2024, mainly driven by savings in net financial expenses and administrative costs.
Comments