B & S Intl Hldg (01705.HK) opened high today, up 6.06%, reaching a high of 0.48 yuan in the early stage, rising 45.5% at one point, reaching a new high since November 2021. It is now reported at 0.42 yuan, up 27.27%, with a turnover of 1.28 million shares and a turnover of 530,900 yuan.

The company expects a net profit of between 33 million and 34 million yuan for the fiscal year ending in March, up to 22.3% from the 27.8 million yuan recorded last year. The main reasons are the launch of new products and an increase in sales of existing products, as well as improvements in distribution business revenue and gross margins during the year; and improvements in revenue and gross margin in the retail trade business after the COVID-19 pandemic.