HK Stock Market Move | H&H INTL HLDG(01112) rose more than 6% in the closing session, with revenue in the first three quarters increasing by 12% year-on-year based on the reporting standard.

H&H International Holdings (01112) announced its operational data at noon, with the stock price turning from a decline to an increase in the afternoon, closing with an increase of over 6%. As of the time of writing, the stock rose by 3.7% to HK$13.44 with a trading volume of HK$43.79 million. In terms of news, H&H International Holdings reported a revenue of RMB 10.805 billion in the first nine months of this year, a year-on-year increase of 12% based on the reported basis, and a 12.3% increase based on the same comparison basis. The high-profit margin nutritional supplements accounted for 64.5% of the revenue, while vitamins, herbal and mineral supplements, as well as pet nutrition categories, increased by 6% and 14.2% respectively based on the same comparison basis. The group expects the adult nutrition and care products division in China to maintain growth momentum. For the infant nutrition and care products division, benefiting from e-commerce and marketing activities in infant specialty stores, the sales of infant formula are expected to maintain growth. As for the pet nutrition and care products division, SolidGold is expected to maintain its current momentum through further focus on high-end pet food and nutrition categories and strengthening its layout in the entire cross-border e-commerce channel.