东莞发展控股股份有限公司

Core Viewpoint - The company reported a significant decline in net profit for the first quarter, primarily due to the previous year's investment gains from exiting a project, but adjusted figures show a slight increase in profitability [3]. Financial Data Summary - The net profit attributable to shareholders decreased by 45.58% year-on-year, largely due to the absence of investment income from the previous year [3]. - If the previous year's impact is excluded, the net profit for the current period increased by 8.24% year-on-year [3]. Credit Rating Update - The company received an upgrade in its long-term credit rating from AA+ to AAA by a credit rating agency, indicating an improvement in its overall strength [7]. - The stable outlook of the new rating is expected to help the company reduce financing costs and expand financing channels, positively impacting its long-term sustainable development [7].