COMEC Reports Soaring Profits and Dividend Plans
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COMEC Reports Soaring Profits and Dividend Plans

CSSC Offshore & Marine Engineering (Group) Company Limited Class H (HK:0317) has released an update.

CSSC Offshore & Marine Engineering (Group) Company Limited (COMEC) reported a significant increase in both operating income and net profit attributable to shareholders for the first half of 2024 compared to the previous year, with proposed dividends of RMB0.12 per 10 shares pending approval at an upcoming extraordinary general meeting. Despite a notable rise in profits, the company experienced a decrease in total assets and negative net cash flows from operating activities. Investors are encouraged to review the full interim report for a comprehensive understanding of COMEC’s financial position.

For further insights into HK:0317 stock, check out TipRanks’ Stock Analysis page.

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