Dividends over 15 million, Jingrui Material plans to send 10 shares for 3 yuan in cash
10:24 22-07-2020 reading
Recently, Henan Jingrui New Materials Co., Ltd. released its 2019 annual equity distribution plan, planning to use Jingrui New Materials’ existing total share capital of 50.006 million shares as a base to distribute cash of 3.00 yuan for every 10 shares to all shareholders. It is expected that this dividend cash will exceed 1500 Ten thousand yuan.
The data shows that Jingrui New Materials' 2019 operating income is 128 million yuan, and net profit is 24.793 million yuan. The dividend payout accounted for more than 60% of the full year profit in 2019. This is also the first time Jingrui New Materials has prepared to implement dividends since its listing.
According to China Superhard Materials Network, Jingrui New Materials is mainly engaged in the research and development, production and sales of composite superhard materials and products such as polycrystalline diamond composite sheets.
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