Peking University Forecasts Swing to Profit; Shares Soar 29%

MT Newswires Live

2025/11/24

Peking University Resources (HKG:0618) expects a profit of between 1.8 billion yuan and 2 billion yuan for the six months ended Sept. 30, compared with a loss of 1.4 billion yuan a year prior.

Shares of the information products distribution company were up 29% in Monday afternoon trading.

The firm attributed the upbeat forecast to a gain of 2.31 billion yuan from a disposal, according to a filing with the Hong Kong Exchange dated Nov. 21.

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