East Buy hits 3-1/2-month peak on turnaround in 6-month results
I'm PortAI, I can summarize articles.
Shares of East Buy Holding surged 15.8% to HK$25.6, reaching a 3.5-month high, following a turnaround in its financial results. The company reported a net profit of 239 million yuan for the six months ending in November, compared to a loss of 96.8 million yuan the previous year. Revenue increased by 5.7% year-on-year to 2.3 billion yuan. Year-to-date, the stock has risen 40.4%, outperforming the Hang Seng Index, which is up 8.4%.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments