Dazhong Public Utilities Logs 48 Million Yuan in Q3 Profit; Shares Fall 10%

MT Newswires Live

2024/11/01

Shanghai Dazhong Public Utilities(Group) (HKG:1635, SHA:600635) reported a third-quarter net profit attributable to shareholders of 48.2 million yuan for the quarter ended Sept. 30.

Earnings per share stood at 0.016320 yuan, according to a filing with the Hong Kong Exchange.

Quarterly revenue fell 15.2% year over year to 1.08 billion yuan.

Shares of the utility company in both Hong Kong and Shanghai bourses were down by about 10% in Friday's afternoon trade.

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Shares Fall 10%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-11-01 14:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Shanghai Dazhong Public Utilities(Group) (HKG:1635, SHA:600635) reported a third-quarter net profit attributable to shareholders of 48.2 million yuan for the quarter ended Sept. 30.</p><p>Earnings per share stood at 0.016320 yuan, according to a filing with the Hong Kong Exchange.</p><p>Quarterly revenue fell 15.2% year over year to 1.08 billion yuan.</p><p>Shares of the utility company in both Hong Kong and Shanghai bourses were down by about 10% in Friday's afternoon trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"600635","symbol_name":"大众公用","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2480026262","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480026262","pubTimestamp":1730442019,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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