Datang Power's net profit surges, plans dividend payout

Datang International Power Generation (SSE:601991) has announced a significant surge in its 2024 net profit, alongside a proposed cash dividend distribution. In its 2024 Annual Report Summary, the company reported a net profit attributable to shareholders of ¥4.506 billion, a 229.7% increase compared to the previous year, and a plan to distribute ¥1.149 billion as cash dividend. The Board plans to propose a dividend of approximately ¥0.0621 per share to the shareholders meeting for approval.