HK Stock Market Move | JNBY (03306) rose by over 3% again, with mid-term profit growth exceeding expectations due to better than expected net profit margin performance.

JNBY (03306) rose more than 3%, and by the time of publication, it had risen by 2.8%, reaching HK$22.02, with a turnover of HK$19.6402 million. On the news front, JNBY had previously released its interim performance announcement up to the end of December, with a year-on-year revenue growth of 7.0% to 3.376 billion yuan and a year-on-year net profit growth of 11.9% to 676 million yuan, with a gross profit margin of 66.5%, showing positive trends in multiple key indicators. In terms of dividends, the board recommended a total interim dividend of HK$277 million, equivalent to HK$0.52 per share. Guoyuan International released a research report stating that the company's revenue met expectations, and profit growth exceeded expectations due to the performance of net profit margin. Citibank stated that JNBY's performance in the first half of the 2026 fiscal year ending in December last year met the bank's expectations. Despite facing macroeconomic challenges, the management team is still maintaining the targets for the 2026 fiscal year, including GMV of 10 billion yuan, revenue of 6 billion yuan, gross profit margin and net profit margin both exceeding 65% and 15% respectively, and a dividend payout ratio of over 75%.