Lingang Holdings reports 2024 results, proposes $504m dividend

Shanghai Lingang Holdings Corp (SSE:600848) has released its 2024 financial results, showcasing a 57.17% surge in revenue to CNY11.103 billion, driven by expanded operations in park development and management. Net profit attributable to shareholders rose 3.07% to CNY1.096 billion. The board proposed a cash dividend of CNY0.20 per share, totaling approximately CNY504 million and representing 46.01% of the net profit.