Guizhou Space Appliance reports lower profit, proposes CNY 105m dividend

Guizhou Space Appliance (SZSE:002025) reported a challenging fiscal year 2024, marked by a 53.75% decrease in net profit attributable to shareholders, amounting to CNY 347.09 million, alongside a 19.08% drop in revenue to CNY 5.02 billion. Despite the downturn, the board proposed a cash dividend of CNY 2.30 per 10 shares, totaling CNY 105.06 million and representing 30.27% of the year’s net profit attributable to shareholders.