CRRC proposes final dividend amid strong 2024 performance

CRRC Corporation (HKEX: 1766) announced a proposed final dividend of RMB 0.21 per share for the year ended December 31, 2024, signaling confidence after a year marked by impressive financial results and strategic development. The total proposed dividend amounts to RMB 6.027 billion. The dividend plan is subject to shareholder approval at the 2024 annual general meeting, expected to occur on or before August 14, 2025, and payment will be distributed shortly thereafter. CRRC’s 2024 performance reflects a 5.21% increase in revenue, reaching RMB 246.457 billion, and a 5.77% rise in net profit attributable to shareholders, totaling RMB 12.388 billion. Basic earnings per share reached RMB 0.43, an increase of 4.88%.