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SHA:603195

2 stories mentioning SHA:603195

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Asia

Gongniu Trims Share Buyback Price Cap After Dividend Payout; Shares Up 3%

Gongniu Group (SHA:603195) lowered the threshold of the price of its share buyback after distributing its cash dividend for the 2025 period.Price of each share will be capped at 60.10 yuan, lower than the previous limit of 62 yuan, according to a Shanghai bourse filing on Friday.The electrical products manufacturer announced plans to repurchase shares worth between 200 million yuan and 400 million yuan in April.The dividend of 1.90 yuan per share was distributed Thursday.The company's shares rose 3% during the morning trade.

SHA:603195
Asia

Gongniu Q1 Profit Down 3.5%, Revenue Declines 4.8%

Gongniu Group (SHA:603195) posted first-quarter net profit attributable to shareholders of 4.07 billion yuan, down 3.5% from 4.27 billion yuan the previous year.Earnings per share fell to 2.26 yuan from 2.36 yuan, according to a Thursday filing with the Shanghai bourse.The civil electrical products manufacturer's operating revenue declined 4.8% year over year to 16.0 billion yuan from 16.8 billion yuan.

SHA:603195