Brief: China Cinda Asset Management Says It Proposed Cash Dividend Of RMB0.9481 Per 10 Shares

China Cinda Asset Management

29/03/2022 10:48

March 29 (Reuters) - China Cinda Asset Management Co Ltd
 1359.HK :
    * PROPOSED TO DISTRIBUTE A CASH DIVIDEND FOR ORDINARY SHARES
OF
RMB0.9481 PER 10 SHARES
    * FY PROFIT ATTRIBUTABLE RMB12,061.7 MILLION VERSUS
RMB13,247.9
MILLION
    * FY INTEREST INCOME RMB25,100.8 MILLION VERSUS RMB23,899.2
MILLION
    * FY TOTAL INCOME RMB97,731.0 MILLION VERSUS RMB100,134.0
MILLION
    * EXPECTED THAT NON-PERFORMING LOANS OF COMMERCIAL BANKS
WILL
REMAIN AT A HIGH LEVEL
    * WILL STEP UP ACQUISITION OF DISTRESSED ASSETS, AMONG
OTHERS
    * EXPECTES DISPOSAL OF DISTRESSED ASSETS OF TRUST & OTHER
NON-BANKING FINANCIAL INSTITUTIONS WILL BE ACCELERATED

Source text for Eikon:  ID:nHKS7SBTMr 
Further company coverage:  1359.HK 

 ((Reuters.Briefs@thomsonreuters.com;))