Changes in Hong Kong stocks | Beijing Holdings Water Group (00371) plummeted nearly 15% in the afternoon, profit in the first half of the year fell 23% year on year, and dividends were cut

The Zhitong Finance App learned that Beijing Water Group (00371) plummeted by nearly 15% in the afternoon. As of press release, it was down 14.39% to HK$17.55, with a turnover of HK$328 million.

According to the news, Beijing Water Group announced interim results, with revenue of 9.871 billion yuan for the first half of the year, a decrease of 5.62%; the company's shareholders should account for profit of 688 million yuan, a year-on-year decrease of 23.31% due to a decrease in the revenue contribution of technical services and equipment sales and BOT water project construction services. It is proposed to pay an interim dividend of HK5.54 cents per share, compared to HK7.35 cents in the same period last year.