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China Coal Energy Co ( (HK:1898) ) has shared an announcement.
China Coal Energy Company Limited has announced an update to its final cash dividend for the year ended December 31, 2024. The dividend, approved on June 27, 2025, is set at RMB 0.258 per share, payable in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09524. The payment date is scheduled for August 27, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may impact its financial positioning by enhancing investor confidence. The withholding tax details indicate a 10% tax rate for non-resident enterprise and individual shareholders, with specific conditions for Chinese Mainland investors.
The most recent analyst rating on (HK:1898) stock is a Sell with a HK$7.50 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.
More about China Coal Energy Co
China Coal Energy Company Limited operates in the coal industry, primarily focusing on the production and sale of coal and coal-based products. The company is a significant player in the energy sector, catering to both domestic and international markets.
Average Trading Volume: 20,858,547
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$147.6B
For an in-depth examination of 1898 stock, go to TipRanks’ Overview page.