No Data
No Data
Research report | gtja: Kweichow Moutai's performance exceeds expectations, promoting the normalization of special dividends, and maintaining a "shareholding" rating.
GTJA research reports pointed out that Kweichow Moutai (600519.SH) Q2 24 quarterly performance exceeded expectations, demonstrating operational resilience. The company's net profit attributable to the parent in the first half of the year was CNY 41.696 billion, a year-on-year increase of 15.9%, and the corresponding total revenue in Q2 24 was CNY 36.966 billion, a year-on-year increase of 17.0%. Net profit attributable to the parent was CNY 17.63 billion, a year-on-year increase of 16.1%. The performance exceeded market expectations. The company released a cash dividend return plan to promote special dividends to be normalized. The plan is to distribute cash dividends twice a year from 2024 to 2026, and the dividend payout ratio will not be lower than 75%. It is expected that the second dividend will be distributed within 24 years, and the shareholder return will exceed expectations.
Kweichow Moutai Set to Distribute More Value to Shareholders -- Market Talk
Kweichow Moutai H1 Profit Rises 16%, Operating Income Up 18%
Kweichow Moutai 1H Rev CNY81.93B Vs. CNY69.58B >600519.SH
Kweichow Moutai 1H Net CNY41.70B Vs. Net CNY35.98B >600519.SH
Kweichow Moutai 2024 Semi-Annual Report.
No Data
Chong W : ……