HK Stock Market Move | ANE(09956) rose by over 9% again, driving the total volume growth and profitability improvement of small ticket goods. Annual net profit increased by over 64% year-on-year.

ANE (09956) rose by more than 9%, up 7.93% to HK$9.39 at the time of publication, with a trading volume of HK$97.025 million. On the news front, ANE released its annual performance report, with a total revenue of 11.576 billion yuan, a year-on-year increase of 16.7%; adjusted net profit of 837 million yuan, a year-on-year increase of 64.2%. The total freight volume reached 14.15 million tons, an increase of 17.5% compared to the previous year. The improvement in profitability is mainly attributed to the increase in freight volume, which brought about economies of scale; measures such as optimizing transportation routes and improving the efficiency of distribution centers effectively controlled operating costs; the proportion of high-gross-margin mini-bill and bill-of-lading products increased. Sealand pointed out that as a leading domestic franchised express delivery company, the company's strategic adjustments and management improvements are beginning to show initial results in the short to medium term, and are expected to benefit from the growth space brought about by the accelerated penetration of LTL in the medium to long term. Industrial also stated that the company has achieved results in terms of freight volume growth, service optimization, and digital transformation by 2024, and is expected to continue to maintain stable performance growth with its extensive network layout and efficient operational capabilities. Mr. Qin Xinghua, CEO of the company, stated that he does not rule out the possibility of buying additional shares through the open market at an appropriate time, with a total cost not exceeding HK$20 million, which is expected to boost market confidence.