tiprankstipranks
CITIC Limited Announces Solid Mid-Year Profits
Company Announcements

CITIC Limited Announces Solid Mid-Year Profits

CITIC (HK:0267) has released an update.

Don't Miss our Black Friday Offers:

CITIC Limited has reported a stable first-half performance in 2024, with profits rising marginally to RMB32.1 billion, driven by a strategic focus on operational excellence and risk resolution. The company’s upgraded credit rating to A- and its rise in the Fortune Global 500 rankings reflect its strong market position. An interim dividend increase to RMB0.19 per share demonstrates CITIC’s confidence in its fundamentals and commitment to shareholder returns.

For further insights into HK:0267 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskCITIC Bank Faces Delay in A Share Rights Issue
TipRanks HongKong Auto-Generated NewsdeskCITIC Corporation’s Strong Q3 Financial Performance Unveiled
TipRanks HongKong Auto-Generated NewsdeskCITIC Limited Announces Q3 2024 Financial Results
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