HK Stock Market Move | U-PRESID CHINA (00220) rose by more than 3%, and the after-tax profit in the first quarter was approximately 737 million yuan, a year-on-year increase of 22.5%.

U-PRESID CHINA (00220) rose over 3%, rising 3.37% to HKD 7.66 as of the time of writing, with a turnover of HKD 6.3537 million. On the news front, on May 7th, U-PRESID CHINA announced a first-quarter net profit of approximately RMB 737 million, a year-on-year increase of 22.46%. Huatai pointed out that excluding one-time gains (approximately RMB 73 million after tax), the net profit increased by 10.3% year-on-year, indicating resilient performance. In terms of revenue, overall revenue for Q1 26 saw a double-digit year-on-year increase, with both the beverage and food businesses showing growth in revenue, with the food business slightly outperforming the beverage business. OEM business revenue was relatively flat year-on-year. The company aims to maintain stable price levels and leading product competitiveness in the market competition, expecting the company's operations to remain steady, with a high dividend payout ratio (100% dividend payout ratio for 25 years) and an attractive dividend yield.