TIANLI INT HLDG (01773) saw its shares plummet by 5.76% during intraday trading on Monday, marking a sharp decline despite the company reporting higher full-year profits and revenue.
The education firm posted a profit attributable to owners of 664.3 million yuan for the year ended Aug. 31, up from 576 million yuan a year earlier, with revenue rising 8.1% to 3.59 billion yuan. However, the negative market reaction suggests potential investor disappointment or unmet expectations, possibly due to lower-than-anticipated growth or future guidance.
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