Livzon Pharma (01513) surged more than 10% in morning trading, with shares up 10.63% as of press time to HK$22.90, on turnover of HK$71.81 million.
The company announced a plan to distribute a cash dividend of RMB 12.39 per 10 shares (tax inclusive) to all shareholders, with total cash dividends expected to reach RMB 1.10 billion.
Notably, the company has also formulated a "Three-Year (2026–2028) Shareholder Return Plan," which specifies that, provided conditions for cash dividends are met, the total annual cash dividend payout shall in principle be no less than 90% of the distributable profit realized in that year, and the aggregate annual cash dividend amount shall in principle be no less than RMB 2 billion (tax inclusive).
Livzon Pharma's third-quarter report shows that for the first three quarters of 2026, operating revenue was RMB 7.319 billion, down 19.71% year-on-year; net profit attributable to shareholders of the listed company was RMB 1.288 billion, down 26.57% year-on-year. For the third quarter alone, main operating revenue was RMB 2.32 billion, down 18.44% year-on-year; net profit attributable to shareholders for the quarter was RMB 356 million, down 24.76% year-on-year.
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