tiprankstipranks
Trending News
More News >

First Tractor Co. Announces 2024 Profit Distribution Plan

Story Highlights
First Tractor Co. Announces 2024 Profit Distribution Plan

Confident Investing Starts Here:

The latest update is out from First Tractor Co ( (HK:0038) ).

First Tractor Company Limited has announced its profit distribution plan for 2024, proposing a cash dividend of RMB0.2995 per share, amounting to a total of RMB336,531,800, which represents 36.50% of the company’s net profit for the year. This decision reflects the company’s strong financial performance and commitment to returning value to shareholders, with the plan subject to approval at the 2024 annual general meeting.

More about First Tractor Co

First Tractor Company Limited operates in the agricultural machinery industry, primarily focusing on the production and distribution of tractors and related equipment. The company is a significant player in the market, providing essential machinery for agricultural operations.

YTD Price Performance: -3.11%

Average Trading Volume: 20,000

Technical Sentiment Signal: Sell

Current Market Cap: $1.8B

See more data about 0038 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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
1