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Jiayou Logistics announces interim dividend despite revenue decline

August 26, 2025 at 05:22 PM UTCBy FilingReader AI

Jiayou International Logistics Co., Ltd. announced a cash dividend of RMB0.2 per share (tax inclusive) for the first half of 2025, totaling RMB273,601,731.60. This represents 48.79% of the net profit attributable to shareholders for the period. The dividend proposal is pending approval at a shareholder meeting. This decision aligns with the company's "Quality Improvement and Returns" action plan, focusing on enhancing operational quality and increasing investor returns across its China-Mongolia, Central Asia, and Africa markets.

Jiayou Logistics' semi-annual report for 2025 indicates an 11.99% decrease in operating revenue to RMB4,083,980,651.79 and a 26.15% decrease in net profit attributable to shareholders to RMB560,754,581.80 compared to the previous year. Despite the decline, the company emphasized strategic investments in logistics infrastructure, including the full operation of the Kasumbalesa project in the Democratic Republic of Congo and ongoing construction in Zambia.

Furthermore, Jiayou Logistics reported on its utilization of raised capital from its non-public stock issuance. As of June 30, 2025, the company had used RMB5,571,397.54 of the raised capital in the first half of the year, with total cumulative use reaching RMB37,358.72 (in ten thousands). Employee stock ownership plans from 2022 and 2024 have also seen partial unlocking and adjustments to shareholdings, maintaining investor alignment.

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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