Shares of Zibuyu Group Ltd (02420.HK) surged 8.66% in intraday trading, following the release of the company's impressive full-year financial results and the announcement of a dividend payout. The stock's significant uptick reflects investors' positive reaction to the company's strong performance and shareholder-friendly policies.
According to the financial report released on Thursday, Zibuyu Group reported a robust revenue of RMB 3,325.1 million for the fiscal year. The company's gross profit stood at RMB 2,471.3 million, while the profit attributable to shareholders reached RMB 150.8 million. These figures demonstrate the company's solid financial position and operational efficiency in the face of market challenges.
Adding to investor enthusiasm, Zibuyu Group declared a final dividend of HK$0.12 per share, rewarding shareholders for their continued support. This dividend announcement, coupled with the reported earnings per share (EPS) of RMB 0.31, has likely contributed to the stock's impressive rally. The market's reaction suggests that investors are optimistic about Zibuyu Group's future prospects and appreciate the company's commitment to delivering value to its shareholders.
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