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CHINA UNICOM Craters 3.7% Post-results as 2024 NP Hikes 10%, Div. Rises
Recommend 4 Positive 3 Negative 7 |
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CHINA UNICOM (00762.HK) opened 0.52% lower this morning (19th) after announcing its 2024 results. The stock bottomed at $9.18, and last faded 3.65% to $9.24, with 36.898 million shares traded, involving $343 million. CHINA UNICOM's 2024 net profit amounted to RMB20.613 billion, up 10.1% YoY, with an EPS of RMB0.67. The Board declared a final DPS of RMB0.1562, up 16.9% from the DPS of RMB0.1336 in the same period last year. Together with the interim DPS of RMB0.2481 already paid, the full-year DPS reached RMB0.4043, representing a YoY increase of 20.1%. The dividend payout ratio reached 60% in 2024, up by 5 ppts YoY. AAStocks Financial News |
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