China Feihe reports 11.1% profit increase, appoints new director

China Feihe (HKEX:6186) has announced its annual results for the year ended December 31, 2024, showcasing significant growth across key financial metrics. Revenue increased by 6.2% to RMB20,748.6 million, while gross profit rose by 8.7% to RMB13,764.8 million. Profit for the year saw an impressive 11.1% surge, reaching RMB3,654.1 million. Basic and diluted earnings per share both amounted to RMB0.39. The board has proposed a final dividend of HK$0.1632 per share.