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Bank of Communications announces 2024 results, dividend plan

March 27, 2025 at 09:59 PM UTCBy FilingReader AI

Bank of Communications (HKEX: 3328) today announced its audited consolidated financial results for the year ended December 31, 2024, alongside its proposed annual profit distribution plan. The bank reported a net profit attributable to shareholders of RMB 93.586 billion, a 0.93% year-over-year increase. Basic earnings per share rose slightly to RMB 1.16. The board has proposed a final cash dividend of RMB 0.197 per share, which will amount to a total payout of RMB 14.630 billion. This proposed distribution is subject to approval at the bank's upcoming extraordinary general meeting (EGM) scheduled for April 8, 2025.

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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