An announcement from China Railway Construction ( (HK:1186) ) is now available.
China Railway Construction has announced its audited financial results for the year ending December 31, 2024, reporting a net profit of RMB 13.79 billion. The company plans to distribute a cash dividend of RMB 3.00 per 10 shares, amounting to a total of RMB 4.07 billion, which represents 20.60% of its distributable profit. Despite the dividend distribution, the company retains a substantial undistributed profit of RMB 47.29 billion, indicating strong financial health and potential for future investments. The announcement underscores the company’s commitment to transparency and compliance with regulatory standards, while also highlighting potential risks in investment, project management, and international operations.
More about China Railway Construction
China Railway Construction is a major player in the construction and engineering industry, focusing on infrastructure development and related services. The company is known for its extensive involvement in railway projects and other large-scale construction endeavors, with a significant market presence in China and international markets.
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