China State Construction Int'l boosts dividend after solid 2024

China State Construction International Holdings (HKEX: 3311) announced a 2.1% increase in profit attributable to owners, reaching HK$9.361 billion for the year ended December 31, 2024. Basic earnings per share rose 2.2% to HK$1.86. Building on these results, the Board proposed a final dividend of HK28.5 cents per share. Together with the interim dividend of HK33.0 cents per share, total cash dividends for the year amount to HK61.5 cents, a 9.8% increase year-on-year. The dividend is subject to shareholder approval at the annual general meeting on June 13, 2025, with payment expected around July 11, 2025.