Zheng Coal Machinery (00564) rose more than 11%. As of press release, it rose 11.06% to HK$10.66, with a turnover of HK$74.3899 million.
The Zhitong Finance App learned that Zheng Meiji (00564) rose by more than 11%. As of press release, it had risen 11.06% to HK$10.66, with a turnover of HK$74.3899 million.
According to the news, Zheng Meiji recently announced its 2023 annual results. The company achieved operating income of 36.396 billion yuan (RMB, same below), up 13.66% year on year; net profit attributable to shareholders of listed companies was 3.274 billion yuan, up 28.99% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 3,027 billion yuan, an increase of 50.13% year on year; and plans to distribute a cash dividend of 0.84 yuan (tax included) per share.
Orient Securities pointed out that revenue from the company's coal machine segment increased steadily and gross margin increased; auto parts revenue improved, and SEG performance improved dramatically. In '22, the company's dividend ratio of 39.32% paid out a total of 998 million yuan in cash dividends. In '23, the company's dividend ratio was raised to 45.81% for a total cash dividend of 1,500 million yuan. The dividend amount increased by 50% over the same period last year.