Movement Alert|CMOC Rises 3.11% in Regular Trading, Interim Dividend Plan Finalized Amid Sector Recovery

Market Focus
09/03

On September 3, CMOC rose 3.11% in regular trading, trading at 16.53 HKD/share, with turnover of approximately 101 million HKD. The rebound was primarily driven by the finalization of the company's first-ever interim dividend distribution plan, coupled with a broad recovery across the diversified metals and mining sector.

CMOC recently published its interim dividend implementation notice, confirming a cash distribution of 0.095 yuan per share (tax inclusive), with a record date of September 8 and an ex-dividend and payment date of September 9. The total payout amounts to approximately 2.032 billion yuan, based on 21.39 billion outstanding shares across both A and H share classes. The plan was authorized at the annual general meeting and approved by the board on August 19.

The dividend is underpinned by a robust first-half performance: revenue reached 135.32 billion yuan, up 42.78% year-over-year, while net profit attributable to shareholders surged 86.27% to 16.152 billion yuan. Copper output rose 9.73% to 387,961 tonnes, reinforcing the company's position among the world's top ten copper producers.

Sector-wide, the Diversified Metals and Mining industry staged a notable rebound, with Wanguo Gold Group up 6.32%, MMG up 4.85%, Lygend Resources up 3.99%, and Zijin Mining up 1.45%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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