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Shougang Fushan Resources Reports Decline in 2024 Financial Results

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Shougang Fushan Resources Reports Decline in 2024 Financial Results

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Shougang Fushan Resources Group Limited ( (HK:0639) ) has shared an announcement.

Shougang Fushan Resources Group Limited reported a decline in its financial performance for the year ended December 31, 2024, with revenue decreasing by 14% and profit dropping by 21% compared to the previous year. Despite the downturn, the company proposed a final dividend of HK21 cents per share, reflecting a 100% dividend payout ratio, indicating a commitment to returning value to shareholders.

More about Shougang Fushan Resources Group Limited

Shougang Fushan Resources Group Limited is a company incorporated in Hong Kong, operating in the resources industry. The company focuses on the production and sale of coal products, serving various markets with its primary offerings.

YTD Price Performance: 3.59%

Average Trading Volume: 8,952,224

Technical Sentiment Signal: Sell

Current Market Cap: HK$13.08B

See more insights into 0639 stock on TipRanks’ Stock Analysis page.

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