HK Stock Market Move | NATURAL FOOD IH (01837) rose over 4%, expecting a year-on-year increase in net profit of approximately 40% to 50% in the first half of the year.
Wugu Mofang (01837) rose over 4%. As of the time of writing, it is up 3.7%, trading at HKD 1.68, with a transaction amount of HKD 2.4218 million.
NATURAL FOOD IH (01837) rose by over 4%. As of the time of writing, it is up 3.7%, priced at HKD 1.68, with a trading volume of HKD 2.4218 million.
In terms of news, recently, NATURAL FOOD IH released a positive performance forecast, expecting the group to achieve net profit of approximately HKD 150 million to 160 million in the first half of 2026, representing a year-on-year increase of about 40% to 50%.
The announcement stated that the increase in net profit is primarily attributed to: effective implementation of business development strategies, steady growth in overall revenue, particularly significant growth in offline channel businesses, including supermarket counters and offline shelf businesses compared to the same period last year; and effective execution of various budgets and cost control policies, which reasonably and effectively controlled sales and distribution expenses as well as general administrative expenses.
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