tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

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

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

Meet Your ETF AI Analyst

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

See more insights into 1407 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1