Yantang Dairy's profit drops; cash dividend proposed despite setbacks
** Guangdong Yantang Dairy (SZSE:002732) announced its 2024 annual results, reporting a 11.18% year-over-year decrease in operating revenue to CNY 1,732.22 million and a 43.03% decrease in net profit attributable to shareholders to CNY 102.79 million. Basic and diluted earnings per share both fell by 43.48% to CNY 0.65. In light of these challenges, the board recommends a cash dividend of CNY 1.5 per 10 shares, totaling CNY 23.60 million. The company also released the 2025 financial budget, forecasting sales of over 20% year-over-year and a strong strategic focus on quality, technology, and regional growth.
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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