BUZZ-CTF Services jumps most in a year on HY profit rise, special dividend

Reuters

02-27

BUZZ-CTF Services jumps most in a year on HY profit rise, special dividend

** CTF Services 0659.HK jumps 6.9% to HK$8.19, highest since December 12, 2024

** Stock set for biggest one-day pct rise since February 28, 2024

** Construction, logistics and insurance services provider's net profit rises 15% y/y for six months ended December 31, 2024

** Co declares interim dividend of HK$0.30

** Announces additional special dividend of HK$0.30 after receiving cash proceeds from recent non-core businesses, legacy investment disposals and its share of partial insurance settlements from Goshawk Aviation Limited

** Stock up 4.5% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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