Dazhong Public Utilities' H1 Profit to Swell Up to 244%

MT Newswires

Shanghai Dazhong Public Utilities (Group) expects an attributable profit of between 300 million yuan and 420 million yuan for the six months ended June 30, up 146% to 244% from a year prior, a Monday Hong Kong bourse filing said.

The utility company attributed the anticipated higher profit mainly to fair value fluctuations in financial assets held directly and indirectly through associates.

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Dazhong Public Utilities' Q1 Profit Balloons 601%

MT Newswires

600635

-9.73%

Shanghai Dazhong Public Utilities (Group) recorded a 601% rise in attributable profit in the first quarter to 194.1 million yuan from 27.7 million yuan a year prior, a Tuesday filing with the Hong Kong bourse said.

Earnings per share rose to 0.0657 yuan in the three months from 0.0094 yuan in the same period last year.

The utility company's total revenue fell 4.1% to 2.08 billion yuan from 2.17 billion yuan previously.

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Dazhong Public Utilities' Q1 Profit Balloons 601%

MT Newswires

600635

-9.73%

Earnings per share rose to 0.0657 yuan in the three months from 0.0094 yuan in the same period last year.

The utility company's total revenue fell 4.1% to 2.08 billion yuan from 2.17 billion yuan previously.

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Dazhong Public Utilities Gets Regulatory Nod for 2.6 Billion Yuan Corporate Bond Issue

MT Newswires

600635

-9.73%

Shanghai Dazhong Public Utilities (Group) recently received approval from the China Securities Regulatory Commission for its registration application for the public offering of up to 2.6 billion yuan worth of corporate bonds to professional investors.

The utility company can issue the bonds in multiple tranches for up to 24 months following the approval, a Feb. 14 bourse filing said.

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Dazhong Public Utilities Gets Regulatory Nod for 2.6 Billion Yuan Corporate Bond Issue

MT Newswires

600635

-9.73%

The utility company can issue the bonds in multiple tranches for up to 24 months following the approval, a Feb. 14 bourse filing said.

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Dazhong Public Utilities' H1 Profit to Swell Up to 244%

Dazhong Public Utilities' Q1 Profit Balloons 601%

Dazhong Public Utilities' Q1 Profit Balloons 601%

Dazhong Public Utilities Gets Regulatory Nod for 2.6 Billion Yuan Corporate Bond Issue

Dazhong Public Utilities Gets Regulatory Nod for 2.6 Billion Yuan Corporate Bond Issue

Risk Disclosure