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SINOPEC ENGR GROUP CO LTD - $SENGF STOCK NEWS

Welcome to our dedicated page for SINOPEC ENGR GROUP CO news (Ticker: $SENGF), a resource for investors and traders seeking the latest updates and insights on SINOPEC ENGR GROUP CO stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SINOPEC ENGR GROUP CO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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News
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SINOPEC Engineering (Group) Co., (SEG) achieved record-high revenue, net profit, and new contracts in 2023. The company reported revenue of RMB56.221 billion, a 6% increase year-on-year, with a net profit of RMB2.336 billion, up 2.2% year-on-year. SEG secured new contracts worth RMB80.252 billion, a 10.7% increase year-on-year, hitting a record high. The Board proposed a final dividend of RMB0.224 per share, totaling RMB0.343 per share for the year, with a dividend payout ratio of 65%. SEG focused on market development, scientific and technological innovation, and lean management to enhance value creation.
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