Shares of First Pacific (00142) are soaring in Friday's trading session, jumping 7.07% following the release of the company's impressive first-half 2025 financial results. The stock's significant uptick reflects investors' positive reaction to the company's strong performance and increased dividend.
First Pacific reported robust growth in its interim results for the six months ended June 30, 2025. The company's revenue reached US$5.028 billion, marking a slight increase of 0.65% year-on-year. More notably, profit attributable to owners of the parent company surged by 40.82% compared to the same period last year, reaching US$391 million. Earnings per share stood at an impressive 9.19 US cents.
The company's outstanding performance is further underscored by its operating profit contributions rising 8% to US$423.2 million and recurring profit climbing 11% to US$375.4 million—both achieving new record highs. This continues First Pacific's streak of strong financial results, marking its fifth consecutive year of record annual profits. In light of these positive results, the company has proposed an interim dividend of 13 HK cents per share, likely contributing to the stock's attractive performance in today's trading session.