West China Cement (HKG:2233) recorded a 49% rise in attributable profit in 2024 to 626.2 million yuan from 421.3 million yuan a year prior.
Earnings per share were 0.115 yuan, up from 0.077 yuan in 2023, according to a Monday filing with the Hong Kong bourse.
The cement company attributed the rise in profit mainly to a decrease in other expenses and an increase in other gains and losses.
Revenue fell by 7.5% to 8.34 billion yuan from 9.02 billion yuan a year prior.
The board recommended a final dividend of 0.034 yuan per ordinary share to shareholders on record as of June 3.
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