According to the WiseFinance APP, Vobile Group (03738) surged over 18%, as of the time of publication, it increased by 18.81%, reaching HKD 2.59, with a turnover of 26.1649 million Hong Kong dollars.

On the news front, Vobile Group announced that it plans to repurchase company shares on the open market for a total amount not exceeding 0.2 billion Hong Kong dollars from time to time. The company believes that the share repurchase plan reflects the company's confidence in its own business outlook and prospects. The company aims to enhance shareholder value and support long-term growth through stock buybacks. The board of directors believes that the company's existing financial resources are sufficient to support share repurchases while maintaining a solid financial position.

In the first half of this year, Vobile Group achieved revenues of approximately 1.181 billion Hong Kong dollars, a year-on-year growth of 17.7%; gross profit was 0.504 billion Hong Kong dollars, a year-on-year growth of 28.3%; net profit attributable to owners was 41.474 million Hong Kong dollars, a year-on-year growth of 42.2%. Among them, subscription service revenue was 0.545 billion Hong Kong dollars, a year-on-year growth of 16.8%, accounting for 46.2% of total revenue; value-added service revenue was 0.635 billion Hong Kong dollars, a year-on-year growth of 18.5%, accounting for 53.8% of total revenue.