The Tefu Tanzania Glass Project is expected to be officially put into operation in September, with a designed daily production capacity of approximately 600 tons

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September 14, 2024, 4:43 PM

Koda Manufacturing disclosed the investor relations activity record sheet that the company's Tefu Tanzania glass project was ignited in August and is expected to be officially put into operation in September, with a designed daily production capacity of approximately 600 tons; in addition, the company's South American Peru glass project is expected to be put into operation next year. In the past two years, the company's cash dividend ratio has been approximately 30% of the current parent net profit, and the total amount of cash dividends and share repurchase has accounted for more than 42% of the current parent net profit. In addition, the company's overseas building materials business has put into operation 7 production bases in 6 countries including Kenya and Ghana in Africa, with a total of 19 building ceramics production lines and 2 sanitary ware production lines. The company actively developed the parts and consumables business, upgraded the parts production base, and also acquired some excellent companies and technologies to enhance the pottery machine business.