Shougang Century Pledges Steady Dividends Through 2028

Shougang Concord Century Holding Ltd. (HK:0103) has released an update.

Shougang Concord Century Holdings Ltd. has announced a commitment to distribute a minimum of HK$40 million in dividends annually to its shareholders for each financial year from 2024 to 2028, with potential increases based on financial performance. This decision reflects the company’s ongoing confidence in its business prospects, particularly within the steel cord industry, and its dedication to balancing shareholder returns with investment in further growth and development.

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