FIT HON TENG (06088), also known as Foxconn Interconnect Technology, saw its stock price surge by 5.24% during Wednesday's intraday trading session. The significant upward movement comes on the heels of the company's release of its half-year financial results, which were announced after market close on Tuesday.

The financial report revealed impressive figures for the first half of the year. Foxconn Interconnect Technology reported a revenue of USD 2,305 million for H1, demonstrating the company's strong market position and sales performance. Additionally, the firm posted a profit of USD 30 million, indicating positive financial health and operational efficiency. The company also disclosed a capital expenditure (Capex) of USD 275 million for the period, suggesting ongoing investments in growth and infrastructure.

Investors seem to have responded positively to these financial indicators, driving up the stock price. The substantial Capex figure, in particular, may be interpreted as a sign of the company's commitment to future expansion and technological advancements. As Foxconn Interconnect Technology continues to play a crucial role in the global electronics supply chain, these results and the subsequent stock movement reflect market confidence in the company's strategic direction and growth prospects.