HK Stock Market Move | ANDRE JUICE (02218) surged over 17% in the afternoon. The company expects net profit to increase by 50%-70% year-on-year in the first quarter of 2025.

ANDRE JUICE (02218) surged more than 17% in the afternoon, rising 5.93% to HK$11.08 by the time of publication, with a turnover of HK$14.89 million. On the news front, ANDRE JUICE will hold a board meeting on April 22 to review and approve its first quarter consolidated performance. The company had previously announced an expected net profit attributable to shareholders of the listed company of approximately RMB 80.07 million to 90.87 million in the first quarter of 2025, an increase of 50% to 70% year-on-year. This is mainly due to an increase in customer orders and a significant increase in the sales volume of concentrated fruit juice. Haitong pointed out that in recent years, there have been significant changes in the industry landscape, with some major companies in the concentrated fruit juice industry facing operational difficulties, lawsuits, and even bankruptcy reorganization processes. Small and medium-sized enterprises are finding it difficult to fully meet downstream customer demand. The company will continue to steadily expand its production layout, actively monitor mergers and investment opportunities in the market, integrate production capacity, increase domestic and international market share, secure high-quality raw material sources, and continuously expand its product line in response to market demand to create new profit growth points. This includes increasing the production and sales of decolorized and deacidified concentrated fruit juice, NFC fruit juice, lemon and orange juice, small variety fruit juices, flavorings, etc., timely entering new product markets, enriching the company's product portfolio, forming a multi-variety layout centered on concentrated fruit juice, providing downstream customers with a one-stop raw material supply choice, increasing customer stickiness, and strengthening its leading position in the industry.