Summary by Futu AI
Bank of China has released a summary of its mid-year report for 2024 on August 29, 2024. The report was attended and approved by all 13 directors who voted, and was audited by PricewaterhouseCoopers Zhongtian Accounting Firm and Ernst & Young Accounting Firm, in compliance with Chinese accounting standards and international financial reporting standards. Bank of China distributed a cash dividend of RMB 2.364 per 10 shares in 2023, totaling approximately RMB 6.9593 billion (pre-tax). In addition, a proposal was made to distribute a dividend of RMB 1.208 per 10 shares for the mid-year of 2024, pending approval at the shareholders' meeting. The report shows a decrease in revenue, profit, total profit, and net profit attributable to shareholders compared to last year. As of June 30, 2024, there were 588,043 ordinary shareholders...Show More