China Risun’s 2021 Annual Profit Attributable to Owners Ups 58.1% to RMB2.61 billion
HONG KONG, Mar 28, 2022 - (ACN Newswire via SEAPRWire.com) - China Risun Group Limited ("China Risun", or the "Group", stock code: 1907), a leading global integrated coke, coking chemicals and refined chemicals producer and supplier and relevant operation management services provider in China, has announced its annual results for the year ended 31 December 2021 ("the reporting year"). Profit attributable to owners up 58.1% to RMB2.61 billion, achieving a 3-year consecutive growth since its listing in 2019.Revenue for the year ended 31 December 2021 was RMB38.4 billion, representing an increase of 94.2% year-on-year. Gross profit margin was 14.4% and net profit margin was 6.8%. Basic earnings per share of the Group was RMB61 cents, representing an increase of approximately 52.5% as compared to the figure in 2020. To share the fruit of its outstanding results performance, the Board determined to declare an annual final dividend of RMB6.3 cents per share (equivalent to HK7.7 cents per share), representing no less than 30% of the net profit of the Group. On 7 March, the Group officially switched from a small-cap stock in the Hang Seng Index to a mid-cap stock, and has been included in ...
