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Wushang Group: 2024 Annual Report Summary
Wushang Group: 2024 Annual Report
Wushang Group (000501.SZ): The net income for the year 2024 is 0.216 billion yuan, with a proposed distribution of 2 yuan per share.
Glonghui reported on March 28 that Wushang Group (000501.SZ) published its annual report for 2024, achieving revenue of 6.704 billion yuan, a decrease of 6.60% year-on-year; Net income attributable to shareholders of the listed company was 0.216 billion yuan, an increase of 3.31% year-on-year; Net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.138 billion yuan, a year-on-year increase of 66.83%; EPS was 0.28 yuan; a cash dividend of 2 yuan (including tax) is proposed to be distributed to all shareholders for every 10 shares.
Wushang Group (SZSE:000501) Has A Somewhat Strained Balance Sheet
Wushang Group (000501.SZ): Application for the issuance of 1.5 billion yuan medium-term notes has been approved for registration.
Gelonghui, February 13 - Wushang Group (000501.SZ) announced that on February 12, 2025, the company received the "Acceptance Registration Notification" issued by the Dealers Association (Zhong Shi Xie Zhu [2025] MTN118): the Dealers Association has decided to accept the registration of the company's medium-term notes, with a registration amount of 1.5 billion yuan. The registration quota is valid for two years from the date of the notification, and within the validity period, medium-term notes can be issued in tranches.
The Past Five-year Earnings Decline for Wushang Group (SZSE:000501) Likely Explains Shareholders Long-term Losses