Yancoal declares $687m dividend after solid 2024, adds directors
Yancoal Australia (HKEX: 3668) announced its 2024 financial results, highlighting a revenue of $6.86 billion and a net profit after tax of $1.22 billion. The company declared a fully franked final dividend of A$0.52 per share, totaling approximately A$687 million, payable April 30, 2025. The solid performance prompted the company to forecast attributable saleable production of 35-39 million tonnes for 2025. In a separate announcement, Yancoal announced the appointment of Jiuhong Wang, Zhiguo Zhao, and Ang Li as non-executive directors effective February 20, 2025. They fill the roles after Mr. Changyi Zhang stepped down. The new directors bring experience in engineering, financial management, and project execution. The company also reminded investors of the upcoming record date for dividend entitlement on March 14, 2025, and the expected payment date. Yancoal confirmed it is maintaining its commitment to responsible governance practices and timely communications with shareholders.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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