Zhonglu Oceanic Fisheries reports revenue growth, allocates no dividends

Shandong Zhonglu Oceanic Fisheries (SZSE:200992) reported increased revenue for the year 2024, while also detailing a decision not to allocate dividends. The company's consolidated revenue rose 20.9% to CNY1,384.66 million, and net profit attributable to shareholders stood at CNY34.54 million. However, the parent company’s distributable profits were negative CNY 19.04 million and thus the company will not allocate dividends or increase share capital.