Migao Group Holdings Ltd (09879.HK) saw its stock price surge 5.12% in Friday's intraday trading, following the release of impressive financial results for the fiscal year 2025 and the announcement of a dividend payment.
The Chinese fertilizer manufacturer reported a profit of RMB339.5 million for FY2025, with total revenue reaching RMB4,966.0 million. These strong financial figures demonstrate the company's robust performance and growth in the agricultural sector, likely contributing to investor optimism.
Adding to the positive sentiment, Migao Group also recommended the payment of a final dividend of RMB0.075 per share. This announcement of returning value to shareholders, coupled with the solid financial results, appears to have sparked enthusiasm among investors, driving the stock's significant uptick in Friday's trading session.