HK Stock Market Move | Montage Technology (06809) rose by more than 5%, with a year-on-year net profit growth of 58.35% last year.
Lanxi Technology (06809) increased by more than 5%, as of the time of writing, it rose by 5.52%, reaching 189.1 Hong Kong dollars, with a turnover of 1.04 billion Hong Kong dollars.
Montage Technology (06809) rose more than 5%, up 5.52% as of the time of publication, at HK$189.1, with a turnover of HK$1.04 billion.
On the news front, on the evening of February 27, Montage Technology released its 2025 annual performance report. The group achieved a total operating income of RMB 5.456 billion, a year-on-year increase of 49.94%; net profit attributable to the owners of the parent company was RMB 2.236 billion, an increase of 58.35% year-on-year; and basic earnings per share were RMB 1.97.
Montage Technology stated that in the 2025 fiscal year, the group saw a 49.94% increase in operating income compared to the previous year, mainly benefiting from the trend of the AI industry, strong industry demand, a significant increase in shipments of the group's interconnection chips, and a substantial increase in sales revenue of the group's related products compared to the previous year.
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