Brief: China Hongqiao Declares Interim Dividend Of HK45 Cents/Share

China Hongqiao

20/08/2021 11:34

Aug 20 (Reuters) - China Hongqiao Group Ltd  1378.HK :
    * DECLARES AN INTERIM DIVIDEND FOR 2021 OF HK45.0 CENTS PER
SHARE
    * HY REVENUE INCREASED BY ABOUT 31.4% TO ABOUT RMB52.48
BILLION
    * HY NET PROFIT ATTRIBUTABLE INCREASED BY APPROXIMATELY
187.5% TO
ABOUT RMB8.14 BILLION
    * HY OUTPUT OF ALUMINUM ALLOY PRODUCTS AND ALUMINUM
FABRICATION
PRODUCTS WAS 2.801 MILLION TONNES AND 0.369 MILLION TONNES,
RESPECTIVELY
    * LOOK FORWARD TO H2 , BELIEVES CHINA’S ALUMINUM INDUSTRY
WILL
MAINTAIN ITS MOMENTUM FOR POSITIVE  DEVELOPMENT
    * TO UP PROPORTION OF ALUMINUM PRODUCTION CAPACITY FROM
CLEAN
ENERGY TO ABOUT ONE THIRD
    * GROUP’S BAUXITE MINING IN GUINEA CONTINUED & CONSTRUCTION
OF
PHASE 2 ALUMINA PROJECT IN INDONESIA PROGRESSING SMOOTHLY

Source text for Eikon:  ID:nHKS5tfQ4s 
Further company coverage:  1378.HK 

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