Wasu Media proposes $333.5m dividend despite profit dip

Wasu Media Holding (SZSE:000156) has proposed a cash dividend of RMB 1.80 per 10 shares, totaling RMB 333.5 million, despite a drop in net profit attributable to shareholders. The decision, made at the Eleventh Board Meeting, awaits shareholder approval. This allocation represents 62.46% of the RMB 534 million net profit for 2024.