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Pingdingshan Tianan Coal proposes $1.42bn dividend payout

March 21, 2025 at 05:04 AM UTCBy FilingReader AI

Pingdingshan Tianan Coal Mining (SSE: 601666) announced a proposal for a cash dividend payout of $1.42 billion (RMB 1,417 million) for the fiscal year 2024. This allocation represents 60.31% of the distributable net profit attributable to shareholders, demonstrating the company's commitment to shareholder returns, even amidst industry headwinds. The dividend translates to RMB 0.60 per 10 shares.

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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