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JY Gas Ltd. Announces 2024 Financial Results and Revised Dividend Policy

Story Highlights

An announcement from JY Gas Ltd. ( (HK:1407) ) is now available.

JY Gas Ltd. reported its annual financial results for the year ending December 31, 2024, showing a revenue decrease of 8.2% to RMB370.4 million compared to the previous year. Despite the drop in revenue, the company achieved a net profit increase of 19.8% to RMB30.2 million, with an improved net profit margin of 8.2%. The Board has proposed a final dividend of HK0.037 per share and adopted a revised dividend policy to distribute at least 10% of net profit as dividends, reflecting a commitment to shareholder returns.

More about JY Gas Ltd.

JY Gas Ltd. is a company incorporated in the Cayman Islands, operating in the energy sector with a focus on gas-related services and products.

YTD Price Performance: -10.0%

Average Trading Volume: 99,380

Technical Sentiment Signal: Buy

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