China Meheco board approves semi-annual report and profit distribution
China Meheco Group Co., Ltd. (China Meheco) announced its 2025 semi-annual report on August 28, 2025, following approval by its Ninth Board of Directors at the 31st meeting and the 15th meeting of the Supervisory Committee. The report highlights a slight increase in total assets to CNY 36.71bn, while net assets attributable to shareholders decreased by 2.57% to CNY 11.72bn compared to the previous year-end.
The company's operating income for the first half of 2025 reached CNY 17.08bn, a 6.71% decrease from the previous year. Net profit attributable to shareholders also declined by 16.19% to CNY 293.96m. Basic earnings per share were CNY 0.1965, a 16.20% decrease.
In line with the 2025 semi-annual performance, the Board of Directors approved a profit distribution plan to all shareholders, proposing a cash dividend of CNY 0.01966 (including tax) for every 10 shares, totaling CNY 29.41m. This distribution, which does not include a capital reserve to share capital transfer, has already been authorized by the 2024 Annual General Meeting and does not require further shareholder approval.
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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