Agricultural Bank of China reports profit growth, proposes dividend
Agricultural Bank of China (HKEX:1288) announced a 4.8% increase in net profit to RMB282.7 billion for the year ended December 31, 2024, coupled with a proposed final dividend of RMB1.255 (tax inclusive) per 10 ordinary shares. The bank's operating income rose by 2.3% to RMB711.4 billion, driven primarily by net interest income, which grew by 1.6% year-over-year. Looking ahead, the bank remains focused on serving rural areas, promoting green finance, and accelerating digital transformation. The board also proposed a cash dividend distribution of RMB 0.1164 (tax included) per share following the 2024 Third Extraordinary General Meeting.
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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