Shareholders of China United Rubber receives cash dividends

Time: Apr 10th   2018   Copy editor: Tyrefull

China United Rubber Corp. released Mar. 23 the financial results for 2017.

According to the report, its operating revenue totaled 151 billion yuan in 2017, up 17.45%; but the net profit attributable to shareholders lessened 5.57% to 10.84 million yuan.

The enterprise also decides to pay cash (tax included) dividends to all registered shareholders.

The dividends are based on the 59,737,500 shares as of Dec. 31, 2017, and the firm is to pay cash 1.3 yuan per 10 shares as dividends payment, which is 7,765,900 yuan in total.

The company published equity incentive rules in end-2017 and promises to reward equities of 50,000 to 1.5 million shares to staff and shareholders with significant contribution.

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