JIAXIN INTL RES (03858) rose more than 6% in morning trading. At the time of writing, the share price had increased by 6.32% to HK$121.60, with a turnover of HK$390 million.

The company is scheduled to announce its annual results on March 25. It had previously issued a profit alert, forecasting a net profit attributable to equity holders of approximately HK$300 million to HK$340 million for 2025, representing a turnaround from a loss in the previous year. This was primarily because the Group had not commenced operations in 2024 and incurred a loss without generating any revenue. The Group began commercial production in April 2025 and recorded revenue for the first time, leading to a profitable turnaround for the last fiscal year.