HK Stock Market Move | DEKON AGR(02419) opened more than 6% higher after the performance announcement, turning a loss of over 4.1 billion yuan into a profit last year. The final dividend is 0.9 yuan.
Dekang Agriculture and Animal Husbandry (02419) opened more than 6% higher, as of the time of writing, it increased by 6.57%, closing at 37.3 Hong Kong dollars, with a trading volume of 1.0295 million Hong Kong dollars.
DEKON AGR (02419) opened more than 6% higher, as of the time of this report, it has risen 6.57% to HK$37.3 with a turnover of HK$10.295 million.
On the news front, DEKON AGR announced its performance for 2024, with revenue of approximately RMB 22.463 billion, a year-on-year increase of 39.0%; the company's net profit attributable to equity shareholders was approximately RMB 4.102 billion, turning from a loss to a profit year-on-year; earnings per share were RMB 10.55, with a final dividend of RMB 0.90 per share. During the period, revenue from the pig breeding sector reached RMB 18.2716 billion, a year-on-year increase of 49.1%; revenue from the poultry sector was RMB 3.276 billion, a year-on-year decrease of 1.7%; revenue from the auxiliary products sector was RMB 0.916 billion, a year-on-year increase of 61.4%.
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