Sinotruk Hong Kong Ltd (03808.HK) saw its stock price surge 5.32% in pre-market trading on Friday, following the announcement of robust financial results and a generous dividend proposal. The heavy-duty truck manufacturer's positive performance has caught investors' attention, driving up demand for its shares.
According to the company's latest financial report, Sinotruk achieved an impressive revenue of RMB95.06 billion for the fiscal year. More notably, the profit attributable to shareholders reached RMB5.86 billion, showcasing the company's strong profitability in a challenging market environment. These solid financial figures demonstrate Sinotruk's resilience and effective business strategies.
Adding to investor enthusiasm, Sinotruk's board has proposed a final dividend of HK$0.55 per share. This generous payout signals the company's commitment to sharing its success with shareholders and reflects management's confidence in Sinotruk's financial stability and future prospects. The combination of strong financial performance and attractive shareholder returns has evidently sparked a positive sentiment among investors, contributing to the significant pre-market stock price increase.
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