Movement Alert｜CHINA RES MIXC Intraday Rise 3.09% in Regular Trading, broker reiterated strong recommendation on steady core profit growth

Market Focus10-16

On October 16, CHINA RES MIXC recorded an Intraday Rise of 3.09% in Regular Trading, trading at HK$39.88, with turnover of HK$18.2238 million.

The latest catalyst was a newly published broker note reiterating a strong recommendation, maintaining a target price of HK$45.12 and highlighting continued double-digit growth in core net profit.

Recent disclosed fundamentals provide context for that view. The company reported first-half revenue of RMB9.217 billion, up 8.1%, adjusted net profit of RMB2.229 billion, up 10.8%, and gross margin improved 0.9 percentage points to 38.0%. The note also emphasized that, after including a special dividend, interim core profit payout reached 100%, with dividend per share rising 10.8% to RMB0.977. Separately, the latest monthly share report showed no change in issued share capital, indicating a stable equity base.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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