tiprankstipranks
Trending News
More News >

Zhengzhou Coal Mining Machinery Group Reports 19.45% Profit Increase for 2024

Story Highlights
Zhengzhou Coal Mining Machinery Group Reports 19.45% Profit Increase for 2024

An update from Zhengzhou Coal Mining Machinery Group Co., Ltd. Class H ( (HK:0564) ) is now available.

Zhengzhou Coal Mining Machinery Group Co., Ltd. reported its annual financial results for 2024, showing a revenue increase of 1.73% to RMB37,052.04 million and a significant profit rise of 19.45% to RMB3,943.89 million compared to 2023. The company announced a proposed final dividend of RMB11.20 per 10 shares, reflecting its strong financial performance and commitment to returning value to shareholders.

More about Zhengzhou Coal Mining Machinery Group Co., Ltd. Class H

Zhengzhou Coal Mining Machinery Group Co., Ltd. is a joint stock limited company incorporated in China, primarily engaged in the coal mining machinery industry. The company focuses on manufacturing machinery and equipment for coal mining operations.

YTD Price Performance: 22.63%

Average Trading Volume: 2,636,974

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$27.73B

See more data about 0564 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App