FilingReader Intelligence

Huayou Cobalt plans shareholder returns despite earnings dip

April 18, 2025 at 05:05 PM UTCBy FilingReader AI

Zhejiang Huayou Cobalt (SSE:603799) announced plans for a significant shareholder return despite a decrease in revenue for the 2024 fiscal year. While annual revenue fell 8.1% to CNY60.95 billion, the company intends to distribute CNY839.4 million in cash dividends, representing 20.2% of net profit attributable to shareholders, signaling confidence in its financial health.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:603799Shanghai Stock Exchange
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