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CHINA HONGQIAO GROUP(01378.HK):HIGH DIVIDEND DRIVES RE-RATING; LARGE SHARE BUYBACK PLAN SHOWS CONFIDENCE
Ge Long Hui· 2025-08-19 10:48
机构:中金公司 研究员:Zheng WANG/Ding QI/Yan CHEN 1H25 results in line with our expectations The firm announced its 1H25 results: Revenue rose 10.1% YoY to about Rmb81.04bn; gross profit grew 16.9% YoY to about Rmb20.81bn; attributable net profit rose 35.0% YoY to over Rmb12.36bn. The 1H25 financials were in line with our expectations. The firm's earnings hit a historical high, driven by rising product sales volume and prices. The firm's sales volume of aluminum alloy rose 2.4% YoY to nearly 2.91mnt, with the ASP up ...