Stock Movement | Huiliang Technology Surges 18%, Adjusted Profit Rose 93% Last Year

Huitong Technology (01860) announced last year’s results, and the stock price has risen for two consecutive days, surging another 20% this morning to a high of HKD 18.06.

As of 10:11 a.m., it was quoted at HKD 17.63, up 18%, with a turnover of HKD 966.7 million.

The company recently announced its full-year results ending last year, with shareholders’ profit attributable to shareholders of USD 61.619 million, up 2.9 times year-on-year; adjusted profit of USD 95.494 million, up 93.5% year-on-year; and revenue of USD 2.047 billion, up 35.7% year-on-year.

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