BUZZ-Pork group WH hits near 4-year high on profit growth, special dividend

Reuters2025-03-26
BUZZ-Pork group WH hits near 4-year high on profit growth, special dividend

** Shares of WH Group 0288.HK jump 6.9% to HK$7.12, their highest since June 2021, and on course to snap four consecutive sessions of fall

** Stock on track for the biggest one-day rise since August 14, 2024; fourth-biggest gainer on Hang Seng Index .HSI, which is up 0.2%

** Chinese pork group said its 2024 profit attributable before biological fair value adjustments jumped 142.7% y/y, operating profit up 63.4% y/y

** In addition to interim and final dividends, company declares a special dividend of HK$0.18 per share

** Hang Seng Consumption Index .HSCGSI climbs 0.4%, while index tracking consumer staples .HSCICS falls 1.1%

** Stock up 20.6% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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