Zhengdan Chemical reports strong 2024, proposes cash dividend

Jiangsu Zhengdan Chemical Industry (SZSE:300641) reported a robust financial performance for 2024, marked by soaring profits and a proposal for a significant cash dividend. The company's annual report, alongside related announcements, showcases a year of substantial growth and strategic shifts. Revenue surged by 126.31% to CNY 3,480.23 million, with net profit skyrocketing by 11,949.39% to CNY 1,189.89 million. The company attributes this success to increased sales volumes and prices for key products like TMA.