HK Stock Market Move | KFM KINGDOM (03816) rose more than 3% in the morning. It is expected that the annual net profit after tax will increase by about 80% to 120% year-on-year.

KFM KINGDOM (03816) surged more than 3% in the morning, with its stock price more than tripled since the beginning of the year. As of the time of writing, it rose 2.44% to 2.52 Hong Kong dollars, with a turnover of 2.7188 million Hong Kong dollars. On the news front, on February 27, KFM KINGDOM announced that the group expects its after-tax net profit for the financial year ending March 31, 2026 to increase by about 80% to 120% compared to the year ending March 31, 2025, mainly due to an increase in revenue. The increase in revenue is mainly attributed to the increased revenue from customers in the network and data storage industry.