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Nongfu Spring Reports Stable Financial Performance for 2024

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Nongfu Spring Reports Stable Financial Performance for 2024

Nongfu Spring Co., Ltd. Class H ( (HK:9633) ) has issued an update.

Nongfu Spring Co., Ltd. reported its annual results for the year ended December 31, 2024, showing a slight increase in both revenue and profit compared to the previous year. The company achieved a total revenue of RMB42,896 million and a profit attributable to the owners of RMB12,123 million, marking year-on-year increases of 0.5% and 0.4%, respectively. The board recommended a final dividend of RMB0.76 per share, amounting to a total dividend of approximately RMB8,547 million. These results indicate stable financial performance, reflecting the company’s steady position in the market despite challenging conditions.

More about Nongfu Spring Co., Ltd. Class H

Nongfu Spring Co., Ltd. is a leading company in the beverage industry, primarily known for its bottled water products. The company operates in the People’s Republic of China, focusing on providing high-quality natural water and other beverage products to a broad consumer base.

YTD Price Performance: 8.84%

Average Trading Volume: 8,849,936

Technical Sentiment Signal: Sell

Current Market Cap: HK$416.7B

See more insights into 9633 stock on TipRanks’ Stock Analysis page.

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