China Kings Resources Group announces Q3 2025 profit distribution plan
China Kings Resources Group announced a cash dividend of 0.70 yuan per 10 A-shares (pre-tax) for the first three quarters of 2025. This distribution will be based on the total share capital recorded on the equity distribution registration date, after deducting shares held in the company's buyback account. The total cash dividend is estimated at 58,767,240.98 yuan, representing 24.94% of the net profit attributable to shareholders for the first three quarters of 2025. The board approved this plan on October 28, 2025.
The company reported a net profit attributable to shareholders of 235,627,977.49 yuan for the first nine months of 2025, despite a 5.88% decrease compared to the previous year. Operating revenue for the period increased by 50.73% to 2,758,308,544.81 yuan. The company's total assets reached 7,260,497,752.60 yuan by September 30, 2025, an increase of 9.12% from the end of the previous year.
The increase in revenue was primarily driven by the full operational capacity of the Baotou "Integrated Chemical" project, leading to higher sales of anhydrous hydrogen fluoride and fluorite powder, as well as increased output and sales from the company's independent fluorite mines. The company projects continued growth, with plans for the Baotou project to produce 180,000-200,000 tons of fluorite powder and 50,000-60,000 tons of anhydrous hydrogen fluoride in the fourth quarter.
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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