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Northeast Electric Development Co., Ltd. Announces 2024 AGM and Financial Resolutions

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Northeast Electric Development Co., Ltd. Announces 2024 AGM and Financial Resolutions

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The latest update is out from Northeast Electric Development Co., Ltd. Class H ( (HK:0042) ).

Northeast Electric Development Co., Ltd. has announced its Annual General Meeting (AGM) for 2024, scheduled to be held on June 26, 2025, in Haikou City, Hainan Province, China. During the AGM, several resolutions will be considered, including the approval of the 2024 Annual Report, the Dividend Distribution Plan, and the reappointment of auditors for 2025. The company reported a net profit of RMB -10.11 million for the reporting period, with no distributable reserve, leading the Board of Directors to propose not distributing cash dividends, issuing bonus shares, or capitalizing from capital reserves.

More about Northeast Electric Development Co., Ltd. Class H

YTD Price Performance: -7.69%

Average Trading Volume: 254,269

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$209.6M

See more insights into 0042 stock on TipRanks’ Stock Analysis page.

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