HK Stock Market Move | TIANLI INT HLDG(01773) has risen by over 14% after the announcement of profit increase. It is expected that the adjusted net profit for the full year will increase by around 56% year-on-year.

TIANLI INT HLDG (01773) rose more than 14% after announcing positive earnings. As of the time of writing, the stock has risen by 12% to 4.48 Hong Kong dollars, with a trading volume of 15.0466 million Hong Kong dollars. On the news front, TIANLI INT HLDG reported positive earnings, with expected revenue of approximately 3.3 billion yuan for the fiscal year ending August 31, 2024, representing a year-on-year increase of around 43%. Adjusted profits were approximately 577 million yuan, a year-on-year increase of about 56%. This growth is mainly attributed to the steady increase in the number of customers using the group's comprehensive education services, as well as a significant increase in product sales revenue through the operation of an online campus mall and integration of the supply chain resources.