FilingReader Intelligence
Xiangtan Electric Manufacturing announces 2024 results, no dividend
April 23, 2025 at 05:26 AM UTC•By FilingReader AI
Xiangtan Electric Manufacturing (SSE:600416) announced its 2024 financial results, reporting a net profit attributable to shareholders of CNY 248.96 million, a decrease of 16.98% year-over-year. Despite the profit, the company’s board of directors has decided not to distribute a dividend for the year, citing a CNY -3.03 billion distributable profit within the parent company.
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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