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Huaxin Cement Co., Ltd. Class H ( (HK:6655) ) has issued an update.
Huaxin Cement Co., Ltd. has announced the convening of its Fourth Extraordinary General Meeting in 2025 to discuss and approve several resolutions, including a profit distribution proposal and the adoption of a Restricted A Share Incentive Scheme. The company plans to distribute a cash dividend of 0.34 yuan per share for the first three quarters of 2025, amounting to a total of 706,021,373 yuan, subject to approval at the EGM. This move is expected to impact shareholders, particularly overseas non-resident enterprise shareholders, due to tax withholding obligations.
The most recent analyst rating on (HK:6655) stock is a Buy with a HK$19.00 price target. To see the full list of analyst forecasts on Huaxin Cement Co., Ltd. Class H stock, see the HK:6655 Stock Forecast page.
More about Huaxin Cement Co., Ltd. Class H
Huaxin Cement Co., Ltd. is a joint stock limited company based in the People’s Republic of China, operating in the cement industry. The company is involved in the production and distribution of cement and related products, focusing on the Chinese market.
Average Trading Volume: 12,258,644
Technical Sentiment Signal: Buy
Current Market Cap: HK$41.9B
For an in-depth examination of 6655 stock, go to TipRanks’ Overview page.