FilingReader Intelligence

Wanhua Chemical proposes $320m dividend, plans capital restructuring

April 14, 2025 at 05:10 PM UTCBy FilingReader AI

Wanhua Chemical Group (SSE:600309) announced a plan to distribute a cash dividend of CNY2,292,015,036.98 (approximately $320 million USD) for the fiscal year 2024, or CNY7.30 per 10 shares, a significant move despite reporting a net profit attributable to shareholders of CNY13,033,066,612.84, a 22.57% drop year-over-year. The proposed dividend payout ratio represents 30.11% of the net profit.

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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