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Postal Savings Bank of China Reports 2024 Financial Results and Dividend Proposal

Story Highlights

An announcement from Postal Savings Bank of China Co., Ltd. Class H ( (HK:1658) ) is now available.

Postal Savings Bank of China Co., Ltd. announced its audited annual results for the year ending December 31, 2024, along with a proposed cash dividend distribution totaling approximately RMB25,941 million for the year. The financial statements, audited by KPMG, showed no misappropriation of funds or regulatory violations during the reporting period, indicating a stable financial position and effective risk management strategies. The announcement underscores the bank’s commitment to transparency and compliance with financial regulations.

More about Postal Savings Bank of China Co., Ltd. Class H

Postal Savings Bank of China Co., Ltd. operates in the banking industry, providing financial services primarily in the People’s Republic of China. The bank focuses on offering savings and deposit services, and it is not authorized to conduct banking operations in Hong Kong.

YTD Price Performance: 13.54%

Average Trading Volume: 66,870,494

Technical Sentiment Signal: Sell

Current Market Cap: HK$554.1B

For detailed information about 1658 stock, go to TipRanks’ Stock Analysis page.

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