ONEWO (02602.HK) saw its stock price surge by 5.07% in pre-market trading on Wednesday, following the release of its impressive full-year financial results and generous dividend announcements. The property management arm of China Vanke has caught investors' attention with its strong performance and shareholder-friendly policies.
According to the company's latest financial report, ONEWO achieved a core net income of RMB 2,226.9 million for the fiscal year. The company's net income stood at RMB 1,256 million, with earnings per share (EPS) reaching RMB 0.98. These solid financial figures demonstrate ONEWO's robust business model and efficient operations in the competitive property management sector.
Adding to investor enthusiasm, ONEWO announced a final dividend of RMB 0.481 per ordinary share, coupled with a special dividend of RMB 0.394 per ordinary share. This dual dividend strategy, totaling RMB 0.875 per share, signals the company's strong cash position and commitment to returning value to shareholders. The generous payout is likely a key factor driving the stock's significant pre-market rally, as investors react positively to the combination of strong financial performance and attractive shareholder returns.
