GUANGDONG INV: Unaudited Financial Information for the three months ended 31 March 2025

Yuehai Investment announced its first-quarter results for 2025, with revenue from continuing operations amounting to 4.617 billion HKD, a decrease of 0.7% year-on-year. Profit attributable to Shareholders from continuing operations was 1.322 billion HKD, an increase of 1.9% year-on-year; including profit from discontinued operations, profit attributable to Shareholders was 1.305 billion HKD, an increase of 2.5% year-on-year. Profit before tax during the period was 2.036 billion HKD, an increase of 2.0% year-on-year.In terms of the water resources Business, the total water supply during the period was 0.549 billion tons, a decrease of 8.8% year-on-year, with revenue of 1.734 billion HKD, a decrease of 1.5% year-on-year. Among them, revenue from water supplied to Hong Kong increased by 2.4% to 1.434 billion HKD...Show More

Yuehai Investment announced its first-quarter results for 2025, with revenue from continuing operations amounting to 4.617 billion HKD, a decrease of 0.7% year-on-year. Profit attributable to Shareholders from continuing operations was 1.322 billion HKD, an increase of 1.9% year-on-year; including profit from discontinued operations, profit attributable to Shareholders was 1.305 billion HKD, an increase of 2.5% year-on-year. Profit before tax during the period was 2.036 billion HKD, an increase of 2.0% year-on-year.In terms of the water resources Business, the total water supply during the period was 0.549 billion tons, a decrease of 8.8% year-on-year, with revenue of 1.734 billion HKD, a decrease of 1.5% year-on-year. Among them, revenue from water supplied to Hong Kong increased by 2.4% to 1.434 billion HKD, and the pre-tax profit of the Dongshen water supply project (excluding foreign exchange differences and financial costs) was 1.203 billion HKD, an increase of 2.1% year-on-year. Other water resources projects generated revenue of 1.749 billion HKD, an increase of 1.5% year-on-year.The group’s total Assets amounted to 95.692 billion HKD, a decrease of 39.903 billion HKD compared to the end of 2024, mainly due to the disposal of Yuehai Real Estate. During the period, a special dividend of 2.335 billion HKD was distributed in the form of physical distribution. Looking ahead, the group will continue to focus on the development of its core Business, promoting the water resources Sector to extend into high value-added areas, actively seizing opportunities in the BAY AREA DEV, and committing to improving operational performance and overall value.