HK Stock Market Move | NATURAL FOOD IH(01837) continues to rise by over 5%, offline channel business significantly grows, with annual net profit increasing by approximately 40% compared to the previous year.
The stock of Five Grains Mill (01837) rose nearly 17% yesterday and continued to rise by over 5% in the closing hours in recent days. As of press time, it has risen by 5.3% to 1.39 Hong Kong dollars, with a trading volume of 11.08 million Hong Kong dollars.
NATURAL FOOD IH (01837) rose nearly 17% yesterday, and rose over 5% again in the past few days. As of the time of writing, it has risen by 5.3% to HK$1.39, with a turnover of HK$1108.34 million.
On the news front, on March 10th, NATURAL FOOD IH issued an announcement, expecting annual net profit to be approximately RMB 2.6 billion to RMB 2.65 billion, a year-on-year increase of about 38% to 41%. The Group's net profit increase is mainly due to: effectively implementing business development strategies, overall revenue steadily increasing, especially offline channel business growing significantly compared to 2024; and effectively implementing various budget and cost control policies, reasonably and effectively controlling sales and distribution expenses as well as general administrative expenses.
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