HK Stock Market Move | Huaxin Cement (06655) opened more than 7% higher after its performance report, with a net profit attributable to the parent of 2.004 billion yuan in the first three quarters, an increase of over 70% year-on-year.

Huaxin Cement (06655) opened more than 7% higher after performance announcement, as of press time, it rose by 7.21% to 17.4 Hong Kong dollars, with a turnover of 6.3527 million Hong Kong dollars. On the news front, on October 24th, Huaxin Cement announced that in the first three quarters of 2025, its operating income was 25.033 billion yuan, a year-on-year increase of 1.27%; the net profit attributable to the shareholders of the listed company was 2.004 billion yuan, a year-on-year increase of 76.01%; with a basic earnings per share of 0.97 yuan. The company will distribute a dividend of 0.34 yuan per share for the first three quarters of 2025 on December 24, 2025. Previously, Huaxin Cement announced that it plans to grant 2.578 million restricted shares to 11 incentive recipients; plans to repurchase company A-shares with a total amount of 32.25-64.50 million yuan, with a repurchase price not exceeding 25 yuan/share; the company will terminate the plan to spin off and list its overseas subsidiary; and the company plans to change its name to "Huaxin Building Materials", with no change in stock code.