Summary by Futu AI
Guangdong Inv Limited announced its interim financial report for the period ended on June 30, 2024, with unaudited comprehensive profit of 2.411 billion Hong Kong dollars, a decrease of 4.6% compared to the same period last year, and basic earnings per share of 36.88 Hong Kong cents. The board of directors declared an interim dividend of 23.97 Hong Kong cents per share of common stock. The net cash inflow from operating activities for this period was approximately 4.876 billion Hong Kong dollars. Gd Land Properties has signed contracts and delivered total floor areas of approximately 152,000 square meters and 143,000 square meters. As of June 30, 2024, the group's cash and bank balance increased to 13.135 billion Hong Kong dollars, while financial borrowings decreased to 41.645 billion Hong Kong dollars. The group will continue to expand its presence in the upstream and downstream of the water resource industry chain, and seize the opportunities brought by the strategic planning of the Greater Bay Area development in the Guangdong-Hong Kong-Macao region.
