HK Stock Market Move | HAO TIAN INTL(01341) surged over 56% after resuming trading, turned a profit for the year, and recently sold an 8.05% stake in Tre 29 Investment.
HAO TIAN INTL(01341) surged over 56% after resuming trading. As of press time, it rose 31.25% to HK$0.021, with a turnover of HK$174,800.
HAO TIAN INTL(01341) surged over 56% after resuming trading, rising 31.25% as of press time to HK$0.021, with a turnover of HK$174,800.
On the news front, on September 30, HAO TIAN INTL announced its annual results for the year ended March 31, 2026, with revenue of HK$91 million, down 37.24% year-on-year; profit attributable to owners of the company was HK$1 million, turning profitable from a loss year-on-year; earnings per share were 0.01 HK cents.
In addition, HAO TIAN INTL recently announced that the seller, Hao Tian Energy Holdings Limited (a wholly-owned subsidiary of the company), and the buyer, Tre 29 Investment (Holdings) Limited, entered into a sale and purchase agreement, pursuant to which the seller has agreed to sell, and the buyer has agreed to buy back, the sale shares, being 1,865 shares in its issued share capital (representing approximately 8.05% of its issued share capital), for a consideration of HK$42 million. The board believes this represents a realization of part of its investment in the buyer, as well as a replenishment of the group's cash reserves to meet other business needs and capture business opportunities.
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