-- Inner Mongolia Yili Industrial's (SHA:600887) net profit attributable to shareholders in the first quarter rose 11% to 5.39 billion yuan from 4.87 billion yuan a year earlier, according to a Shanghai bourse filing on Thursday.
Earnings per share climbed 10% year on year to 0.85 yuan from 0.77 yuan.
Operating revenue increased 5.5% to 34.7 billion yuan from 32.9 billion yuan in the prior year.
The dairy products manufacturer's shares jumped 3% at the close.
Financial stocks were declining pre-bell Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) down 0.6%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.9% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1.9%.Banco Bilbao Vizcaya Argentaria (BBVA) stock was up more than 2% after the company reported higher Q1 adjusted earnings and gross income.ING Groep (ING) shares were up more than 2% after the company posted higher Q1 earnings and total income.Willis Towers Watson (WTW) stock was down more than 9% even after the company posted higher Q1 adjusted earnings and revenue.
Health care stocks were rising premarket Thursday, with the State Street Health Care Select Sector SPDR ETF (XLV) 1% higher and the iShares Biotechnology ETF (IBB) up 0.6%.Eli Lilly (LLY) shares were up more than 5% after the company reported higher Q1 non-GAAP earnings and revenue, and raised its 2026 outlook.Merck (MRK) stock was down more than 1% after the company said it swung to a Q1 adjusted loss.Alnylam Pharmaceuticals (ALNY) shares were up more than 2% after the company posted higher Q1 adjusted net income and revenue.
Technology stocks were advancing premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.7% higher and the State Street SPDR S&P Semiconductor ETF (XSD) up 2.5%.Alphabet (GOOG, GOOGL) shares were up 6.9% after the company reported late Wednesday higher Q1 earnings and revenue that also topped market expectations.Meta Platforms (META) stock was down more than 8% after the company raised its forecast for 2026 capital expenditures, overshadowing its Q1 earnings and revenue beat.Viavi Solutions (VIAV) shares were up about 31% after the company posted higher fiscal Q3 non-GAAP earnings and net revenue, and issued fiscal Q4 outlook above analysts' expectations.