BEST PACIFIC (02111) saw its stock price surge by 5.62% in Tuesday's trading session, as investors reacted positively to the company's recently released half-year financial results. The impressive performance and announcement of an interim dividend have boosted investor confidence in the Hong Kong-listed textile manufacturer.

According to the company's financial report, BEST PACIFIC achieved a net income attributable to shareholders of HKD 260.4 million for the first half of the year. The total net income for the period reached HKD 270.7 million, while revenue stood at HKD 2,329.8 million. Notably, the company maintained a robust gross margin of 26.6%, demonstrating its ability to manage costs effectively in a challenging economic environment.

Further enhancing shareholder value, BEST PACIFIC declared an interim dividend of HK12.5 cents per ordinary share. This dividend announcement, coupled with the strong financial performance, has likely contributed to the significant stock price increase. The positive results suggest that BEST PACIFIC is navigating the current market conditions well, potentially positioning itself for continued growth in the textile industry.