OSHIDORI (00622) Transfers 234 Million Shares Worth HK$876 Million, Representing 4.04% of Total Market Value

Stock News09-17

Hong Kong Exchanges and Clearing Limited's latest filings reveal that on September 16, OSHIDORI (00622) experienced a significant position shift, with the total market value of the transferred shares reaching HK$876 million, accounting for 4.04% of the company's total market capitalization.

According to the data, the company's shareholder transferred 234 million shares into Haotian International Securities, while an equivalent 234 million shares were moved out of Wutong Securities during the same transaction.

OSHIDORI has also released its interim results for fiscal year 2026, reporting total revenue of HK$34.15 million, marking a 49.4% year-on-year increase. Profit attributable to company owners surged to HK$292.5 million, reflecting a significant 208% growth compared to the prior period. Basic earnings per share stood at 4.36 HK cents.

The rise in profit during the reporting period was primarily driven by a combination of factors, including: (a) an increase in revenue of HK$11.3 million; and (b) a rise in share of profits from associates amounting to HK$222.2 million.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment