The Zhitong Finance App learned that Fufeng Group (00546) underperformed after its performance, falling 9.5% at one point. The company achieved a 1.03 times year-on-year increase in profit attributable to shareholders last year. There were no surprises in the annual dividend, and the dividend ratio remained the same as last year. As of press release, Fufeng Group declined 8.26% to HK$300, with a turnover of HK$15 million.

On the evening of March 30, Fufeng Group (00546) released its annual results. Last year, the company achieved revenue of RMB 21.54 billion, up 29.05% year on year; profit attributable to shareholders was $1,281 million, up 1.03 times year on year; profit of 50.55 points per share; final term interest was HK11.7 cents per share, with an annual dividend ratio of about 34.9%, which remained stable compared to 34.8% the previous year.

The company explained that the increase in revenue last year was mainly due to increased revenue contributions from food additives, animal nutrition, and high-grade amino acids. Overall gross profit increased by 38.7% year-on-year to about $3,905 million, mainly due to increased gross profit from animal nutrition and high-grade amino acids.