Performance | Shenzhou International earned 6.7% less last year, dividend reduced

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Shenzhou International (02313) announced its full-year results for the year ending last year, with a profit attributable to shareholders of 5.825 billion yuan (RMB, same below), a year-on-year decline of 6.66%. Earnings per share are 3.88 yuan.

The group declared a final dividend of 1.2 Hong Kong dollars per share, a year-on-year decrease of 6.25%; together with an interim dividend of 1.38 Hong Kong dollars, the total dividend for the year amounts to 2.58 Hong Kong dollars, an increase of 1.98%.

During the period, revenue reached 30.994 billion yuan, a year-on-year increase of 8.13%. The gross profit margin was approximately 26.3%, down about 1.8 percentage points.

The company stated that looking ahead, it will continue to adhere to its manufacturing main business, deeply cultivate the global market, enhance value through product innovation, reduce costs through lean management, strengthen efficiency through intelligent manufacturing, and mitigate risks through global layout, continuously improving core competitiveness and operational quality, creating long-term stable value for customers, shareholders, and society.

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