According to STCN, as of August 26, 886 companies listed on the Shanghai Stock Exchange (SSE) had disclosed their semi-annual performances. Their combined operating revenue reached RMB 7.86 trillion, increasing by 2.3% year on year, and the combined net profit attributable to their parent companies amounted to RMB 679 billion, up 6% year on year. Out of the total, 509 companies reported good performances, representing approximately 60%. The performance growth of 105 companies exceeded 100%, and that of 164 companies surpassed 50%. By sector, numerous pillar industries including non-ferrous metals, transportation, automobile tires, power, and integrated circuits performed well.
Regarding interim dividends, 152 companies listed on the SSE have proposed interim profit distribution plans, with a total anticipated dividend of RMB 134.6 billion. The number of the disclosed companies far exceeded the 76 companies that intended to distribute interim dividends in the same period of 2023.
The above information is provided for reference purposes only and does not constitute investment advice.
