Zijin Mining Group Co (HK:2899) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Zijin Mining Group Co., Ltd. has reported a significant increase in net profit for the first half of 2024, estimating a rise of 41%-50% from the previous year, with a record production of copper and gold. The company is set to reward shareholders with an interim dividend of RMB1 per 10 shares, aligning with its commitment to distribute at least 30% of its cumulative distributable profits from 2023 to 2025. This move reflects Zijin Mining’s adherence to the Shanghai Stock Exchange’s initiative for quality and efficiency improvement and is part of its ongoing efforts to enhance investor value.
For further insights into HK:2899 stock, check out TipRanks’ Stock Analysis page.