HK Stock Market Move | ANDRE JUICE (02218) once fell nearly 7%; Q3 net profit attributable to parent down 40% year-on-year, dragged by declines in both volume and price of concentrated juice.
ANDRE JUICE (02218) fell over 5% after results, down 6.48% as of press time to HK$20.48, with turnover of HK$2.8654 million.
ANDRE JUICE (02218) once fell nearly 7%, down 6.48% as of press time to HK$20.48, with a turnover of HK$2.8654 million.
On the news front, on the evening of October 21, ANDRE JUICE announced that in the first three quarters of 2026, the company achieved revenue of approximately RMB 1.001 billion, a year-on-year decrease of 24.21%; net profit attributable to the parent was approximately RMB 172 million, a year-on-year decrease of 39.28%. The company said the performance fluctuation was mainly affected by the year-on-year decline in both sales volume and selling price of concentrated juice. Looking at the third quarter alone, the company achieved operating revenue of approximately RMB 285 million, a year-on-year decrease of 23.6%; net profit attributable to the parent was approximately RMB 48.9751 million, a year-on-year decrease of 40.68%.
In September this year, Yantai North Andre Juice announced a plan to acquire a cumulative 62.06% equity interest in Yongqiang Technology for a total of RMB 793 million in cash, thereby obtaining control of Yongqiang Technology. After the transaction is completed, Yongqiang Technology will become a controlled subsidiary of the company. The target company is a high-tech enterprise mainly engaged in the research and development, production and sales of integrated circuit electronic information interconnection materials. Its main products include copper clad laminates and prepregs.
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