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Wenling Zhejiang Clarifies Dividend Calculation Error

Story Highlights
  • Wenling Zhejiang operates in the measuring and cutting tools industry in China.
  • The company corrected a clerical error in its 2024 dividend announcement, ensuring accurate financial information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wenling Zhejiang Clarifies Dividend Calculation Error

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The latest update is out from Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H ( (HK:1379) ).

Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited issued a clarification regarding a clerical error in their previous announcement about the 2024 final dividend distribution. The corrected exchange rate for the dividend calculation is HK$1.0765 to RMB1.0000, resulting in a final dividend of approximately HK$0.2476 per H Share. This clarification ensures accurate financial information for stakeholders, maintaining transparency and trust in the company’s financial communications.

More about Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H

Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited is a joint stock company incorporated in the People’s Republic of China. It operates in the measuring and cutting tools industry, focusing on trading these tools within the market.

YTD Price Performance: 42.86%

Average Trading Volume: 23,100

Technical Sentiment Signal: Sell

Current Market Cap: HK$208M

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