Tianli Int Hldg (01773) rose over 6%, as of press time, up 6.67%, at HKD 4.8, with a turnover of HKD 12.0382 million.
According to the Smart Finance app, Tianli Int Hldg (01773) rose over 6%, as of press time, up 6.67%, at HKD 4.8, with a turnover of HKD 12.0382 million.
On the news front, according to the big data prediction of LiveReport, in the September 2024 adjustment, it is expected that 29 stocks will be included in the Stock Connect, including Tianli Int Hldg. GTJA pointed out that the company's transformation achievements in the 24H1 were prominent, with revenue of CNY 1.645 billion / +74% in the FY24H1 and net profit of CNY 0.286 billion / yoy+66%. The company has already repurchased 13.32 million shares with an amount exceeding HKD 39.07 million, showing confidence in shareholder returns. In addition, the company is expected to be included in the Stock Connect in September 2024, with significantly improved liquidity.
Tianli Int Hldg previously announced the results for the six months ending in February, with revenue of approximately CNY 1.645 billion, a year-on-year increase of 73.8%; adjusted net profit for the period of approximately CNY 0.319 billion, a year-on-year increase of 70%; the attributable net profit of the company's shareholders was approximately CNY 0.289 billion, a year-on-year increase of 67.77%; basic earnings per share was 13.9 cents, and the interim dividend per share was 4.17 cents, compared with 2.43 cents in the same period last year.