Baillie Gifford: Net profit for 2024 is expected to decrease by 18.62%, proposing a dividend of 2.6 per 10 shares.

On April 15, Jin10 reported that Bailong Dongfang announced an operating income of 7.941 billion yuan for the year 2024, a year-on-year increase of 14.86%. The net profit attributable to shareholders of the listed company is 410 million yuan, a year-on-year decrease of 18.62%. The company plans to decide to distribute a cash dividend of 2.6 yuan (including tax) for every 10 shares based on the total share capital registered on the equity distribution registration date, which is based on a total share capital of 1.5 billion shares as of December 31, 2024, totaling a cash dividend of 390 million yuan, with the remaining undistributed profits carried forward to future distributions.

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