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CRRC Corporation Limited Announces 2024 Annual Results and Dividend Proposal

Story Highlights
  • CRRC Corporation Limited plans to distribute RMB6.027 billion in cash dividends.
  • The company’s stable financial performance is highlighted amid strategic and market risks.
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CRRC Corporation Limited Announces 2024 Annual Results and Dividend Proposal

An announcement from CRRC ( (HK:1766) ) is now available.

CRRC Corporation Limited announced its audited results for the year ending December 31, 2024, highlighting a proposed cash dividend distribution totaling RMB6.027 billion. The company’s board has approved the financial statements audited by KPMG Huazhen LLP, and the profit distribution plan is pending approval at the annual general meeting. The announcement underscores CRRC’s commitment to shareholder returns and reflects its stable financial performance, despite facing various strategic and market risks.

More about CRRC

CRRC Corporation Limited is a joint stock limited company incorporated in the People’s Republic of China, primarily operating in the rail transportation equipment industry. The company is known for manufacturing and supplying a wide range of rail transit products, including locomotives, passenger carriages, and freight wagons, with a strong focus on the Chinese and international markets.

Average Trading Volume: 4,150

Find detailed analytics on 1766 stock on TipRanks’ Stock Analysis page.

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