Core Viewpoint - The company Zhonggong International announced its 2024 annual distribution plan, proposing a cash dividend of 1.25 yuan per 10 shares, totaling 155 million yuan, which represents 42.81% of its net profit, marking the 18th distribution since its listing [2]. Company Summary - The company reported a total revenue of 12.208 billion yuan for 2024, a year-on-year decrease of 1.27%, while net profit reached 361 million yuan, a slight increase of 0.22%. The basic earnings per share were 0.29 yuan, and the weighted average return on equity was 3.19% [2]. - The cash dividend of 1.25 yuan per share for 2024 is consistent with the previous year's distribution, which also stood at 1.25 yuan per share, but the dividend yield increased from 1.08% in 2023 to 1.55% in 2024 [2]. Industry Summary - In the construction and decoration industry, 73 companies have announced their 2024 distribution plans. China State Construction leads with a total cash distribution of 11.218 billion yuan, followed by China Railway and China Railway Construction with distributions of 4.404 billion yuan and 4.074 billion yuan, respectively [3]. - Zhonggong International's cash distribution ranks among the notable payouts in the industry, with a payout ratio of 42.81%, indicating a strong commitment to returning value to shareholders [4].
中工国际2024年度拟派1.55亿元红包