FilingReader Intelligence

Weixing NBM proposes dividend despite profit decline

April 15, 2025 at 05:51 PM UTCBy FilingReader AI

** Zhejiang Weixing New Building Materials (SZSE:002372) announced its 2024 earnings and proposed dividend plan alongside its annual report. The company is proposing a cash dividend of CNY 5.00 per 10 shares, totaling CNY 785.93 million, based on the total share capital after excluding repurchased shares. This payout represents a significant 99% of the net profit attributable to shareholders, showcasing a commitment to shareholder returns despite financial headwinds.

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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