Bank of Communications reports steady 2024 growth, proposes dividend

** Bank of Communications (HKEX: 3328) has released its 2024 Annual Report, showcasing a year of steady progress with quality improvements in its financial performance. For the year, the bank reported a net profit attributable to shareholders of RMB93.586 billion, up 0.93% year-over-year. Net operating income reached RMB260.269 billion, a 0.87% increase, while earnings per share stood at RMB1.16. The board proposed a cash dividend of RMB0.197 per share, amounting to a total distribution of RMB14.630 billion.