Changes in Hong Kong stocks | H&H International Holdings (01112) rose more than 6%. The three core businesses collaborated to grow in the first half of the year, and the company's shareholder returns increased significantly

The Zhitong Finance App learned that H&H International Holdings (01112) rose more than 6%. As of press release, it had risen 6% to HK$18.9, with a turnover of HK$22.252,200.

According to news, in the first half of this year, H&H International Holdings achieved revenue of about 8.696 billion yuan, an increase of 23.9% over the previous year; net profit of about 611 million yuan, an increase of about 7.6 times over the previous year. By business, the three major businesses are growing at the same time. The ANC, BNC, and PNC businesses achieved revenue of 39.7 billion yuan, 36.3 billion yuan and 1.09 billion yuan respectively in the first half of the year, up 13.9%, 45.2%, and 4.8%, respectively. In terms of dividends, the board of directors declared an interim dividend of HK$0.82 per share, accounting for about 50% of the adjusted net profit. This is a significant increase from HK$0.19 per share in the same period last year, and shareholder returns have increased significantly.

Everbright Securities believes that looking ahead to the second half of the year, the company will continue to promote the sustainable growth of high-profit, high-growth nutritional supplements and infant formula, increase marketing investment in strategic new product launches and core markets and market expansion, while continuing to promote deleveraging and maintain a steady capital structure. Changjiang Securities said it is optimistic about the medium- to long-term upward trend in the nutrition supplier business where H&H is positioned as a member of the whole family.