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China Hongqiao Group Ltd. ( (HK:1378) ) has provided an announcement.
China Hongqiao Group Limited reported a substantial financial performance for the year ended December 31, 2024, with a 16.9% increase in revenue to approximately RMB156.17 billion. The company’s gross profit surged by 101.2%, and net profit attributable to owners rose by 95.2%, reflecting strong operational efficiency and market demand. The proposed final dividend is HK102 cents per share, contributing to a total dividend of HK161 cents per share for 2024, indicating a robust return for shareholders.
More about China Hongqiao Group Ltd.
China Hongqiao Group Limited is a company incorporated under the laws of the Cayman Islands, primarily operating in the aluminum industry. The company is known for its production and distribution of aluminum products and has a significant market presence.
YTD Price Performance: 25.68%
Average Trading Volume: 29,952,443
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$140.6B
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