China Mengniu Dairy Company Limited

Location

China Mengniu Dairy Company Limited is headquartered in China, serving as a major player in the dairy industry within the region.

Financial Indicators

The company has declared a dividend of RMB 0.509 per share, which will be paid in Hong Kong dollars at a rate of HKD 0.5564 per share. This reflects a robust financial standing and profitability for the fiscal year ending December 31, 2024. The exchange rate used for this conversion is RMB 1 to HKD 1.0931.

Important Events

The ex-dividend date is set for June 16, 2025, with the dividend payment date scheduled for June 27, 2025. These dates highlight the company's ongoing commitment to providing shareholder value.

In recent executive leadership changes, Mr. Wang Xi has resigned from his position as a non-executive director and a member of the Strategy and Development Committee. Additionally, Mr. Zhang Ping has retired from his roles as vice president and chief financial officer. Mr. Shen Xinwen has been appointed as the new executive director, vice president, and chief financial officer.

Company Plans

Analysts have rated China Mengniu Dairy's stock as 'Buy', with a target price of HK$21.00. This positive outlook indicates potential growth and favorable performance expectations in the upcoming years.

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