Gelonghui, April 17 | Shijiyao Group (2005.HK) rose more than 4% at the beginning of the session to HK$4.8 billion, with a market value of HK$14.3 billion. Shi Siyao announced its first quarter results last night. Profit attributable to unaudited shareholders increased by about 14.6% year-on-year to about HK$420 million. The company said that the Group's sales were mainly carried out in China and were denominated in RMB. The RMB depreciated by about 3.6% year on year against the Hong Kong dollar during the period, so the unaudited turnover only increased 2.9% year over year to about HK$1.8 billion. Gross profit increased by 2.3% to about HK$1.03 billion. Gross profit margin was about 57.3%, a slight decrease of 0.3 percentage points from the same period last year.
港股异动丨石四药涨超4%，Q1股东应占溢利同比增14.6%
Changes in Hong Kong stocks 丨 Shijiao rose more than 4%, and profit attributable to Q1 shareholders increased 14.6% year-on-year
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