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Guangzhou Development Group Inc (600098.SS)

600098.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Guangzhou Developmeng Group's H1 Net Profit Up, Unit To Invest In Photovoltaic Projects
Friday, 30 Aug 2019 

Aug 30 (Reuters) - Guangzhou Development Group Inc <600098.SS>::SAYS H1 NET PROFIT UP 6.9% Y/Y.SAYS NEW ENERGY UNIT PLANS TO INVEST 848 MILLION YUAN ($119.56 million), 528 MILLION YUAN IN PHOTOVOLTAIC PROJECTS.  Full Article

Guangzhou Development Plans To Conduct Share Buyback
Friday, 26 Jul 2019 

July 26 (Reuters) - Guangzhou Development Group Inc <600098.SS>::SAYS IT PLANS TO CONDUCT SHARE BUYBACK FOR 400-800 MILLION YUAN ($58.15-116.31 million) WITHIN SIX MONTHS.  Full Article

Guangzhou Development Group's Q1 On-Grid Power Generation Down 17.87 Pct Y/Y
Thursday, 18 Apr 2019 

April 18 (Reuters) - Guangzhou Development Group Inc <600098.SS>::SAYS Q1 ON-GRID POWER GENERATION DOWN 17.87 PERCENT Y/Y AT 2.96 BILLION KWH.  Full Article

Guangzhou Development's 2018 Net Profit Up 3.3 Percent Y/Y At 701.0 Million Yuan
Thursday, 11 Apr 2019 

April 11 (Reuters) - Guangzhou Development Group Inc <600098.SS>::SAYS 2018 NET PROFIT UP 3.3 PERCENT Y/Y AT 701.0 MILLION YUAN ($104.37 million).  Full Article

Guangzhou Development's 2018 On-Grid Power Generation Up 2.42 Y/Y
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Guangzhou Development Group Inc <600098.SS>::SAYS Q4 ON-GRID POWER GENERATION DOWN 18.85 PERCENT Y/Y AT 3.20 BILLION KWH.SAYS 2018 ON-GRID POWER GENERATION UP 2.42 Y/Y AT 15.88 BILLION KWH.  Full Article

Guangzhou Development Group units obtain high-tech enterprise recognition and to enjoy tax preference
Friday, 27 Apr 2018 

April 27(Reuters) - Guangzhou Development Group Inc <600098.SS>:Says its wholly owned units were recognized as high-tech enterprise, and to enjoy a tax preference of 15 percent for three years .  Full Article

Government Orders Shutdown Of Guangdong Electric Power, Guangzhou Development's Several Power Terminals
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Guangdong Electric Power Development Co Ltd <600098.SS>:Guangzhou Development Group Inc <000539.SZ>200539.SZ::GUANGDONG ELECTRIC POWER DEVELOPMENT CO LTD <<<600098.SS>>> SAYS JOINT COMPANY'S TWO POWER TERMINALS, REPRESENTING 5 PERCENT OF INSTALLED CAPACITY, ARE ORDERED BY GOVERNMENT TO SHUT DOWN BY 2019, 2020.GUANGZHOU DEVELOPMENT GROUP INC <<<000539.SZ>>> SAYS UNIT'S FIVE POWER TERMINALS, REPRESENTING 6.4 PERCENT OF INSTALLED CAPACITY, ARE ORDERED BY GOVERNMENT TO SHUT DOWN BETWEEN 2019 AND 2023.  Full Article

Guangzhou Development's 9-month net profit down 40.1 pct y/y
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Guangzhou Development Group Inc <600098.SS>:Says 9-month net profit down 40.1 percent y/y.  Full Article

Guangzhou Development sees 9-month net profit down 40-60 pct y/y
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Guangzhou Development Group Inc <600098.SS>:Says it expects 9-month net profit down 40-60 percent y/y from 989.8 million yuan ($150.12 million) year ago.  Full Article