Chacha Food reports solid 2024 results, proposes generous dividend

** Chacha Food (SZSE:002557) released its 2024 annual results, showcasing a 4.79% year-over-year increase in revenue, reaching CNY7.13 billion. Net profit attributable to shareholders rose by 5.82% to CNY849.48 million, driven by a focus on quality nuts and seeds, product innovation, and strategic global expansion. Reflecting confidence in its performance and commitment to shareholder returns, Chacha Food proposes a cash dividend of CNY10 per 10 shares, totaling CNY497.26 million, and highlighted its cash dividend to net profit ratio of 96.31%.