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Sinochem Int l Distributes High-proportion Cash Dividend

Sinochem Int l Distributes High-proportion Cash Dividend

Write: Tex [2011-05-20]

According to Sinochem Int l (600500.SH) s report for year 2009 released on Mar. 31, the company s operating revenue for the current period is RMB 22.75 billion, a year-on-year decrease of 16.97%; net profit for the period is RMB 0.62 billion, a year-on-year decrease of 12.17%; the earnings per share is RMB 0.

43 Yuan. According to the company s status of funds and regulations in Articles of Association, Sinochem Int l intends to distribute RMB cash dividend 10 shares 2.5 Yuan (tax included) to all shareholders, with the total amount of dividend accounting for 83.38% of the company s profits available for dividend in current period.

The amount of unappropriated profits is to be carried down to next year. The above profit distribution proposal is pending for vote in the 2009 General Meeting of Stockholders.