Want Want China (00151) has risen over 6%. As of the time of writing, it has risen 6.35%, reaching HKD 4.69, with a turnover of HKD 16.6397 million.
According to the Zhixin Finance APP, Want Want China (00151) has risen over 6%. As of the time of writing, it has risen 6.35%, reaching HKD 4.69, with a turnover of HKD 16.6397 million.
In terms of news, Want Want China released its annual results up to March 31, 2024. The group achieved revenue of RMB 23.586 billion during the period, a year-on-year increase of 2.9%. The equity holders of the company had a profit of RMB 3.99 billion, a year-on-year increase of 18.4%. They plan to distribute a final dividend of 3.3 US cents per share, compared to 2.1 US cents per share in the same period last year.
According to the announcement, the group's total revenue in the 2023 fiscal year grew by 2.9% year-on-year. Among them, revenue from dairy and beverage products grew by 7.4% compared to the same period last year, and confectionery revenue reached a new historical high. The revenue from vending machines, OEM channels, and overseas markets all maintained double-digit growth, and the continuous investment in product research and development innovation has made new products launched in the past five years account for a double-digit percentage of the group's total revenue in the 2023 fiscal year.