Vitasoy Int'l (00345.HK) opened high this morning (27th), increased by 2.16% at the beginning, now up 15.4%, trading at 11.24 yuan, reaching a high of over one year. Volume of 4.803 million shares, involving 51.988 million yuan.
The company announced its interim earnings as of the end of September this year at noon yesterday, with revenue of 3.443 billion yuan, up 1.5% year-on-year; net profit of 0.171 billion yuan, up 4.8% year-on-year; earnings per share of 15.9 cents. Interim dividend of 4 cents, an increase of 1.86 times year-on-year, compared to 1.4 cents dividend in the same period last year. Closed down by 3.4% on the same day, trading at 9.74 yuan.
Vitasoy Int'l recently attracted another paper-packaged beverage brand, Yeo Hiap Seng, listed in Singapore, and its main shareholder Wong Tee Chiat (brother of Chairman Wong Chi Cheung's younger brother). Vitasoy Int'l's Chairman, Lo Yu-Lai, mentioned at the earnings call that he does not want to discuss anything other than the earnings and bluntly said, 'I don't know what he wants.'