Changes in Hong Kong stocks | Vitasoy International (00345) fell more than 3% after the results, and medium-term net profit increased 5% year-on-year. Proposed dividend of 4 Hong Kong cents per share

The Zhitong Finance App learned that Vitasoy International (00345) fell by more than 3% after the results and rose 2.98% at the beginning of early trading. As of press release, it decreased by 3.27% to HK$9.75, with a turnover of HK$53.591 million.

According to the news, Vitasoy International announced mid-term results for the six months ended September 30, 2024 at noon, with revenue of HK$3.443 billion, up 2% year on year; gross profit of HK$1,777 billion, up 4% year on year; profit attributable to the company's equity holders of HK$171 million, up 5% year on year; profit per share of HK$15.9 cents, and plans to declare an interim dividend of HK4.0 cents per share. In Hong Kong dollars, the Group's gross margin rose to 51.6%, mainly due to lower raw material prices and production process optimization benefits. Operating profit increased sharply by 50%, with the main contribution coming from business in mainland China and Hong Kong, China.