BUZZ-China's Li Ning rises most in near 5 months on higher dividend

Reuters
03-28
BUZZ-China's Li Ning rises most in near 5 months on higher dividend

** Shares of China's home grown sportswear group Li Ning Co Ltd 2331.HK rise 6.7% to HK$18.24, on course for the biggest one-day gain since November 5, 2024

** Stock touches the highest since March 20; top pct gainer on Hang Seng Index .HSI, which slips 0.5%

** Li Ning said its 2024 net profit attributable fell 5.5% y/y at 3.01 bln yuan ($414.5 mln), while revenue rose 3.9% y.y at 28.68 bln yuan

** Co proposed a final dividend of 0.2073 yuan per share, vs 0.1854 yuan in a year ago period, bringing the annual dividend to 0.5848 yuan per share, or total dividend payout ratio of 50% as compared to 45% in 2023

** Citi, with "Buy" rating, says Li Ning's 2024 net profit is in-line with forecast

** Stock up 10.6% YTD

($1 = 7.2625 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10