Li Ning Shares Rise on Higher Proposed Dividend Payout-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Like
Comment
Favorite

Li Ning Shares Rise on Higher Proposed Dividend Payout

Dow Jones03-28

By Amanda Lee

Chinese sportswear company Li Ning's shares rose after it released it annual results and recommended a higher final dividend for the year.

Shares rose as much as 6.7% to 18.24 Hong Kong dollars, equivalent to $2.35, and on track for their biggest one-day percentage gain since November. It was last 4.0% higher during Friday morning trade.

Net profit in 2024 fell 5.45% to 3.01 billion yuan, equivalent to $414.3 million, the company said before the market opened Friday.

The profit was weighed by factors including higher selling and distribution expenses as well as finance expenses.

Full-year revenue rose 3.9% to 28.68 billion yuan.

The company has recommended a payment of a final dividend of 20.73 yuan cents per ordinary share for the year that ended December.

Along with the interim dividend of 37.75 yuan cents paid in September, the total dividend for the year will amount to 58.48 yuan cents or a total dividend payout ratio of 50%, increasing from 45% in 2023.

Looking ahead, Li Ning expects consumer spending to grow substantially with strong domestic policy support.

Write to Amanda Lee at amanda.lee@wsj.com

(END) Dow Jones Newswires

March 27, 2025 22:50 ET (02:50 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Like

Report

Comment

empty

No comments yet

7x24

18:08
Inspire Veterinary Partners Inc - Employment Agreement Provides for Initial Two-Year Term - SEC Filing
18:01
Defi Development Corporation Adds $9.9M in Solana to Treasury
18:00
Fed Beige Book: Economic Activity Was Little Changed Since the Previous Report, but Uncertainty Around International Trade Policy Was Pervasive Across Reports.
18:00
Fed Beige Book: Prices Increased Across Districts, With Six Characterizing Price Growth as Modest and Six Characterizing It as Moderate, Similar to the Previous Report.
18:00
Fed Beige Book: This Report Was Prepared at the Federal Reserve Bank of Atlanta Based on Information Collected on or Before April 14, 2025.

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2522567326?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-03-28 10:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2522567326","market":"sg","top_or_hot":-1,"title":"Li Ning Shares Rise on Higher Proposed Dividend Payout","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Amanda Lee \n</p>\n<pre>\n \n</pre>\n<p>\n  Chinese sportswear company Li Ning's shares rose after it released it annual results and recommended a higher final dividend for the year. \n</p>\n<p>\n  Shares rose as much as 6.7% to 18.24 Hong Kong dollars, equivalent to $2.35, and on track for their biggest one-day percentage gain since November. It was last 4.0% higher during Friday morning trade. \n</p>\n<p>\n  Net profit in 2024 fell 5.45% to 3.01 billion yuan, equivalent to $414.3 million, the company said before the market opened Friday. \n</p>\n<p>\n  The profit was weighed by factors including higher selling and distribution expenses as well as finance expenses. \n</p>\n<p>\n  Full-year revenue rose 3.9% to 28.68 billion yuan. \n</p>\n<p>\n  The company has recommended a payment of a final dividend of 20.73 yuan cents per ordinary share for the year that ended December. \n</p>\n<p>\n  Along with the interim dividend of 37.75 yuan cents paid in September, the total dividend for the year will amount to 58.48 yuan cents or a total dividend payout ratio of 50%, increasing from 45% in 2023. \n</p>\n<p>\n  Looking ahead, Li Ning expects consumer spending to grow substantially with strong domestic policy support. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Amanda Lee at amanda.lee@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 27, 2025 22:50 ET (02:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Ning Shares Rise on Higher Proposed Dividend Payout</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Ning Shares Rise on Higher Proposed Dividend Payout\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-28 10:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Amanda Lee \n</p>\n<pre>\n \n</pre>\n<p>\n  Chinese sportswear company Li Ning's shares rose after it released it annual results and recommended a higher final dividend for the year. \n</p>\n<p>\n  Shares rose as much as 6.7% to 18.24 Hong Kong dollars, equivalent to $2.35, and on track for their biggest one-day percentage gain since November. It was last 4.0% higher during Friday morning trade. \n</p>\n<p>\n  Net profit in 2024 fell 5.45% to 3.01 billion yuan, equivalent to $414.3 million, the company said before the market opened Friday. \n</p>\n<p>\n  The profit was weighed by factors including higher selling and distribution expenses as well as finance expenses. \n</p>\n<p>\n  Full-year revenue rose 3.9% to 28.68 billion yuan. \n</p>\n<p>\n  The company has recommended a payment of a final dividend of 20.73 yuan cents per ordinary share for the year that ended December. \n</p>\n<p>\n  Along with the interim dividend of 37.75 yuan cents paid in September, the total dividend for the year will amount to 58.48 yuan cents or a total dividend payout ratio of 50%, increasing from 45% in 2023. \n</p>\n<p>\n  Looking ahead, Li Ning expects consumer spending to grow substantially with strong domestic policy support. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Amanda Lee at amanda.lee@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 27, 2025 22:50 ET (02:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02331","symbol_name":"李宁","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2522567326","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522567326","pubTimestamp":1743130200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Chinese sportswear company Li Ning's shares rose after it released it annual results and recommended a higher final dividend for the year.Shares rose as much as 6.7% to 18.24 Hong Kong dollars, equivalent to $2.35, and on track for their biggest one-day percentage gain since November. It was last 4.0% higher during Friday morning trade.Net profit in 2024 fell 5.45% to 3.01 billion yuan, equivalent to $414.3 million, the company said before the market opened Friday.The profit was weighed by factors including higher selling and distribution expenses as well as finance expenses.Full-year revenue rose 3.9% to 28.68 billion yuan.The company has recommended a payment of a final dividend of 20.73 yuan cents per ordinary share for the year that ended December.Along with the interim dividend of 37.75 yuan cents paid in September, the total dividend for the year will amount to 58.48 yuan cents or a total dividend payout ratio of 50%, increasing from 45% in 2023.Looking ahead, Li Ning expects con","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"82331":"李宁-R","02331":"李宁","LU0823426480.USD":"法巴中国股票经典Dis","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0541501648.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0072462343.USD":"贝莱德亚洲巨龙基金","BK1610":"ETF&股票定投概念","LU0048580855.USD":"富达大中华区A","LU0541502299.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"I\" (USD) ACC","LU1102505762.USD":"富达新兴市场焦点 A","LU1102505929.USD":"FIDELITY SUSTAINABLE EMERGING MARKETS EQUITY  \"A\" (USD) ACC","BK1512":"体育用品","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","BK1502":"双十一","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","BK1227":"服装、服饰与奢侈品","LU0823426308.USD":"法巴中国股票基金","BK1589":"北水核心资产","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","LNNGY":"李宁ADR","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD"},"translate_title":"李宁股价因拟派息增加而上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"82331":0.6,"02331":0.9,"LNNGY":0.6},"content_text":"By Amanda Lee \n\n\n \n\n\n  Chinese sportswear company Li Ning's shares rose after it released it annual results and recommended a higher final dividend for the year. \n\n\n  Shares rose as much as 6.7% to 18.24 Hong Kong dollars, equivalent to $2.35, and on track for their biggest one-day percentage gain since November. It was last 4.0% higher during Friday morning trade. \n\n\n  Net profit in 2024 fell 5.45% to 3.01 billion yuan, equivalent to $414.3 million, the company said before the market opened Friday. \n\n\n  The profit was weighed by factors including higher selling and distribution expenses as well as finance expenses. \n\n\n  Full-year revenue rose 3.9% to 28.68 billion yuan. \n\n\n  The company has recommended a payment of a final dividend of 20.73 yuan cents per ordinary share for the year that ended December. \n\n\n  Along with the interim dividend of 37.75 yuan cents paid in September, the total dividend for the year will amount to 58.48 yuan cents or a total dividend payout ratio of 50%, increasing from 45% in 2023. \n\n\n  Looking ahead, Li Ning expects consumer spending to grow substantially with strong domestic policy support. \n\n\n \n\n\n  Write to Amanda Lee at amanda.lee@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 27, 2025 22:50 ET (02:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}