YEE HOP HLDGS (01662) saw its stock price surge 7.60% during Monday's intraday trading session. The significant rise follows the company's announcement of higher fiscal first-half profits and a special dividend.
According to a recent filing, YEE HOP reported a HK$39.6 million profit attributable to owners for the six months ended Sept. 30, up from HK$32.4 million a year earlier. Despite a decline in revenue to HK$481.3 million from HK$661.7 million, the company's earnings per share improved to HK$0.08 from HK$0.06. The board also declared a special dividend of HK$0.15 per share, payable on Dec. 31.
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