HK Stock Market Move | JNBY(03306) fell more than 9% after performance. Mid-term net profit increased by 4.7% year-on-year. Cash flow decreased by 22.2%.
Jiangnan Fabric (03306) fell more than 9% after announcing its performance results, dropping by 9.24% to HK$16.1 as of the time of writing, with a turnover of HK$28.59 million.
JNBY (03306) fell more than 9% after the performance, closing at a decrease of 9.24% at HK$16.1, with a turnover of HK$285.9 million.
On the news front, JNBY released its interim results for the six months ending December 31, 2024, with the group achieving revenue of RMB 3.156 billion (same unit), an increase of 5% year-on-year; the company's profit attributable to shareholders was RMB 599.5 million, an increase of 4.71% year-on-year, and it plans to distribute an interim dividend of HK$0.45 per share. However, the net cash inflow from operating activities was RMB 823 million, a 22.2% decrease from RMB 1.057 billion in the same period of 2023. It is worth noting that in the same period last year, JNBY announced an interim dividend of HK$0.46 per ordinary share and a special interim dividend of HK$0.39 per ordinary share.
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