AustAsia Group's stock soared 6.48% during Monday's intraday trading session following the release of its improved annual financial results.
The dairy farmer reported a significant narrowing of its attributable loss by 41% to 750.6 million yuan for the fiscal year 2025, compared to 1.27 billion yuan in the prior year. The company attributed this improvement to a rise in gross profit and lower losses arising from changes in the fair value of its biological assets.