HK Stock Market Move | WL DELICIOUS (09985) surged over 8% after earnings, with a 6.7% revenue growth in the first half of the year and a payout ratio of 90%.

WL DELICIOUS (09985) rose over 8% after its earnings report, up 8.19% as of this writing, quoted at HKD 8.525, with a trading volume of HKD 30.8932 million. In terms of news, WL DELICIOUS has released its interim results. In the first half of the year, it achieved total revenue of RMB 3.715 billion, a year-on-year increase of 6.7%; during the period, the net profit was RMB 766 million, representing a year-on-year growth of 4%. The gross profit margin increased by 0.6 percentage points to 47.8%, while the net profit margin was 20.6%. The board of directors resolved to distribute an interim dividend of RMB 0.19 per share and a special dividend of RMB 0.09 per share, making a total dividend of RMB 0.28 per share, with a payout ratio of 90%. The earnings announcement highlighted that WL DELICIOUS continues to implement a multi-category strategy, continuously enriching its product portfolio. The revenue contribution from vegetable products primarily based on konjac and kelp has further increased, with its share of total revenue rising from 60.5% in the same period last year to 65.7%, demonstrating ongoing upgrades to the product system.