largestlotteryjackpot| Vitasoy International's performance is expected to be positive, its share price soared 20%: mainland business supports expectations for substantial growth

News summary

Newsletter text

Vitasoy International shares soarlargestlotteryjackpot, performance forecast boosts confidence

Vitasoy International (0345largestlotteryjackpot.HK) performed well in the secondary market, with its share price rising sharply by 6%. The cumulative increase since the results report has reached 20%. The latest offer is HK$7.4, and the company's market value reaches HK$7.93 billion.

According to the latest results forecast released by the company, Vitasoy Group expects to achieve a profit attributable to equity holders of between HK$106 million and HK$126 million for the fiscal year ending March 31, 2024, a significant increase of 132% year-on-year to 176%.

The strong driving force for the Group's performance growth was mainly due to the significantly improved operating profit of its operations in mainland China. In addition, Nanxia Capital has recently shown a positive attitude towards Vitasoy International, buying a net of 74,000 shares in a single day on May 20, indicating that it has increased its holdings for three consecutive days.