HK Stock Market Move | CH MODERN D(01117) rises by nearly 5%, with an expected pre-tax profit in the first half of the year of not less than 430 million yuan, turning a loss into a profit year-on-year.

CH MODERN D (01117) rose nearly 5% again, as of the time of writing, up by 4.88% to HK$1.29, with a turnover of HK$13.8595 million. In terms of news, CH MODERN D announced that it expects to achieve a pre-tax profit of no less than RMB 43 million in the first half of 2026, compared to a pre-tax loss of approximately RMB 972 million in the first half of 2025, realizing a turnaround from loss to profit. The announcement states that the increase in profit is mainly attributed to a decrease in the number of dairy cows and an increase in the price of dairy cows, resulting in a reduction in fair value changes in cattle, a stable gross profit margin in raw milk sales and an increase in gross profit, as well as effective cost-cutting and efficiency-improving strategies leading to a decrease in feed costs compared to the same period last year, and effective control of other operating costs and expenses.