Bank of Communications announces 2024 results, dividend plan
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.
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