Hong Kong stock market movement: MAO GEPING (01318) saw its share price spike sharply in afternoon trading, rising 10.70% as of press time to HK$47.8, with a turnover of HK$65.1542 million.
On the news front, MAO GEPING announced during the midday break today that for the third quarter of 2026, the group's operating revenue grew 22% to 24% compared with the same period last year, and net profit increased 22% to 24% year-on-year, mainly due to the continuous expansion of the company's main brand consumer base, with major categories and channels continuing to deliver solid sales performance.
For the first three quarters of this year, the group's operating revenue rose 24% to 26% year-on-year, while net profit grew 20% to 22% year-on-year, with overall gross margin and net margin levels remaining stable.
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