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In the "Blue Chip" report, CHINAHONGQIAO (01378.HK) achieved a full-year net profit of 22.372 billion yuan, an increase of 95%, with a final dividend of 102 Hong Kong cents.
CHINAHONGQIAO (01378.HK) announced its 2024 annual results, with revenue of 156.169 billion RMB (the same below), an increase of 16.9% year-on-year, primarily due to the increase in selling prices of Aluminum Alloy products and alumina products, coupled with a decline in the procurement prices of key raw materials, driving a gross profit increase of 101.2% to 42.163 billion yuan. It recorded a net profit of 22.372 billion yuan, an increase of 95.2%, with earnings per share of 2.3611 yuan. The final dividend is 102 Hong Kong cents. Together with the interim dividend, a total of 161 Hong Kong cents is distributed for the year, an increase of 98 Hong Kong cents.
A picture to understand CHINAHONGQIAO (01378) full-year performance for 2024.
In 2024, CHINAHONGQIAO achieved revenue of 156.17 billion yuan, a year-on-year increase of 16.9%; achieved a net income attributable to shareholders of 22.37 billion yuan, a year-on-year increase of 95.2%; achieved a net income attributable to shareholders after deducting non-recurring gains and losses of 24.57 billion yuan, a year-on-year increase of 96.1%; and basic EPS of 2.36 yuan, a year-on-year increase of 95.2%.
CHINA HONGQIAO GROUP LTD UNSPON ADS EACH REP 10 ORD SHS To Go Ex-Dividend On May 22nd, 2025 With 1.31223 USD Dividend Per Share
March 14th (Eastern Time) - $CHINA HONGQIAO GROUP LTD UNSPON ADS EACH REP 10 ORD SHS(CHHQY.US)$ is trading ex-dividend on May 22nd, 2025.Shareholders of record on May 22nd, 2025 will receive 1.31223
CHINAHONGQIAO (01378.HK): Historical best performance, integrated cost advantages highlighted.
Event: The company announced its full-year performance for 2024 on March 14, achieving a revenue of 156.17 billion yuan, a year-on-year increase of 16.9%; achieving a Net income of 22.37 billion yuan, a year-on-year increase of 9.
Selected announcements from Hong Kong stocks | CHINAHONGQIAO earned over 22 billion yuan in net profits in 2024. Metallurgical Corporation of China saw nearly a 30% year-on-year decline in new contracts signed in the first two months.
① CHINAHONGQIAO earned over 22 billion yuan in net profit in 2024; how fast is the growth? ② Metallurgical Corporation of China saw nearly a 30% year-on-year decline in new contracts signed in the first two months; how is the performance in overseas Business?
CHINAHONGQIAO (01378.HK) is expected to have a net profit attributable to Shareholders of 22.372 billion yuan in 2024, an increase of approximately 95.2% year-on-year.
On March 14, Gelonghui announced that CHINAHONGQIAO (01378.HK) reported its full-year performance for the year ending December 31, 2024, with revenue increasing by approximately 16.9% compared to the same period last year, reaching around 156.169 billion yuan; the Net income attributable to shareholders increased by approximately 95.2% year-on-year, amounting to about 22.372 billion yuan; the basic earnings per share rose by approximately 95.2% compared to the same period last year, recording about 2.3611 yuan per share; a final dividend of 102 Hong Kong cents per share is proposed, along with the interim dividend of 59 Hong Kong cents per share already distributed in the 2024 fiscal year, making the total for 2024.