HK Stock Market Move | GOLDEN THROAT (06896) rose more than 10% during the day, with expected annual revenue and profits decreasing by at least 20% year on year.
Golden Throat (06896) rose more than 10% in midday trading, with a gain of 10.39% as of press time, reaching 3.4 Hong Kong dollars, with a trading volume of 11.7422 million Hong Kong dollars.
GOLDEN THROAT (06896) rose more than 10% during trading, rising by 10.39% to HK$3.4 as of the end of the announcement, with a turnover of HK$1174.22 million.
On the news front, on March 11, GOLDEN THROAT issued an announcement stating that for the fiscal year ending December 31, 2025, the group expects a decrease in revenue and profits of 20%-25% compared to the same period in 2024. The decline is mainly due to changes in the industry situation in 2025, adjustments to the group's product marketing strategies, resulting in a reduction in purchases by customers and distributors for the entire year of 2025, leading to a decrease in the group's sales and profits for the full year of 2025.
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