Jiangxi Copper proposes dividend despite profit decrease

Jiangxi Copper Co., Ltd. (SSE:600362) announced its proposed profit distribution plan for 2024, alongside its annual report and associated financial details. Despite a marginal revenue decrease of 0.18%, landing at RMB 520.93 billion, the company intends to distribute a cash dividend of RMB 0.70 per share, totaling RMB 2.417 billion and representing 34.71% of the year's net profit attributable to shareholders. This decision underscores the company's commitment to shareholder returns, even amidst fluctuating market conditions.