BUZZ-China's Tingyi rises most in 14 months on higher FY profit, dividend
Reuters03-24
BUZZ-China's Tingyi rises most in 14 months on higher FY profit, dividend
** Tingyi (Cayman Islands) Holding Corp 0322.HK shares rise 7.2% to HK$12.89, set for the biggest one-day pct gain since January 2025
** Third biggest pct gainer in benchmark Hang Seng Index .HSI, which rises 1.8%
** Stock on course to snap three straight falling sessions
** Instant noodle and beverages producer said its 2025 profit attributable rose 20.5% y/y to 4.5 bln yuan ($652.74 mln) with revenue up 2% y/y to 79.1 bln yuan
** Co proposes to pay shareholders final dividend of 0.3992 yuan and a special dividend of 0.3992 yuan per share, as compared to 2024's final dividend of 0.3314 yuan and special dividend of 0.3314 yuan
** Stock up 8.9% YTD
($1 = 6.8940 Chinese yuan renminbi)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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