On August 12, KINGDEE INT'L fell 5.39% in regular trading, trading at HK$8.61 per share, with turnover of HK$39.94 million.

The decline was triggered by profit-taking following the release of interim results that met but did not exceed market expectations. The company reported first-half revenue of approximately RMB 3.625 billion, up 13.6% year-over-year, with net profit attributable to shareholders of approximately RMB 54.5 million, representing a turnaround from a loss of RMB 97.7 million in the prior year. Cloud subscription revenue reached approximately RMB 2.028 billion, up 20.4% year-over-year, while adjusted net profit came in at approximately RMB 116 million. These figures fell within the previously issued positive profit alert guidance range. Notably, the board recommended no interim dividend distribution.

The stock had surged over 6% on August 11 ahead of the results announcement, supported by upgraded ratings from UBS (target price HK$9.8) and Bank of America (target price HK$13.9). With results now confirmed in line with expectations and no dividend proposed, the prior rally prompted selling pressure as investors locked in gains.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)