Holly Futures (HKG:3678, SHE:001236) posted net profit attributable to shareholders of 12.5 million yuan for the first quarter, up 940% from 1.20 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.

Hong Kong-listed shares of the commodity trader gained nearly 5%, while its Shenzhen-listed shares rose 2% in Wednesday's late-morning trade.

Earnings per share came in at 0.0124 yuan, compared with 0.0012 yuan a year earlier.

Total income from operations rose 24% to 81.8 million yuan from 66.2 million yuan in the prior-year period.