Operational Efficiency Rises on Omni-channel and Digital Transformation Proposed a Annual Dividend of RMB1.66 per Share with Full-year Payout Ratio of 85%

Results Highlights

• Revenue amounted to RMB1,679 million, decreased by 12.4% YoY;
• Profit attributable to owners of the Group posted strong growth YoY to RMB115 million;
• Basic and diluted profit per share raised substantially YoY to RMB1.96 cents;
• The Board of Directors recommended the distribution of annual dividend of RMB1.66 cents for the 12 months ended 31 March 2023;
• Cash and bank balances amounted to RMB2,558 million; net assets value attributable to owners of the Company was RMB9,665 million; current ratio was 8.4 times, reflecting ample liquidity of the Group.

Read more: China Dongxiang Announces FY2022/23 Annual Results