HK Stock Market Move | TAI HING GROUP (06811) rose more than 5% in the afternoon, with net profit for the first half of the year increasing by 83.46% year-on-year. The interim dividend has significantly increased to 6.2 Hong Kong cents.
Taixing Group (06811) rose over 5% in the afternoon, reaching HKD 1.445, a new high in over five years.
TAI HING GROUP (06811) surged over 5% in the afternoon, reaching HK$1.445, hitting a new high in over five years. As of the time of writing, it was up by 5.09%, priced at HK$1.445, with a trading volume of HK$5.1188 million.
On the news front, TAI HING GROUP announced its interim results for 2026 at midday today, reporting revenue of HK$1.852 billion, an increase of 8.19% year-on-year; attributable profit for the period was HK$74.875 million, a rise of 83.46% year-on-year; basic earnings per share were HK$0.0771. It proposed an interim dividend of HK$0.062, compared to HK$0.035 in the same period last year, an increase of 77.14%.
Tai Hing stated that the significant increase in net profit was mainly due to improved sales performance of its core brands and effective cost control strategies, with employee and rental-related costs as a percentage of revenue both declining. Despite the uncertainties in the operating environment, the board remains confident in the company's long-term development and continues to maintain a stable dividend policy.
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