Fuyao Glass Industry Group Co., Ltd. Class H ( (HK:3606) ) has provided an update.
Fuyao Glass Industry Group Co., Ltd. announced its audited annual results for 2024, reporting a net profit attributable to shareholders of RMB7.5 billion according to international standards. The company plans to distribute cash dividends totaling RMB4.7 billion to shareholders, accounting for 62.65% of the net profit. Despite the distribution, the company will not issue bonus shares or convert capital reserves into share capital for the year. The announcement underscores Fuyao Glass’s strong financial performance and commitment to returning value to shareholders, reinforcing its robust position in the glass manufacturing industry.
More about Fuyao Glass Industry Group Co., Ltd. Class H
Fuyao Glass Industry Group Co., Ltd. is a leading company in the glass manufacturing industry, primarily producing automotive glass. The company is incorporated in the People’s Republic of China and operates with a focus on providing high-quality glass products to the automotive sector, enhancing its market presence globally.
YTD Price Performance: 1.50%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €19.76B
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