2 stories mentioning HKG:1626Updated 40d ago
Every FINWIRES story that references HKG:1626, newest first.
Jia Yao (HKG:1626) posted profit attributable to owners of 1.8 million yuan for 2025, down from 50.6 million yuan a year earlier, according to an April 24 Hong Kong bourse filing.Shares of the paper cigarette packaging supplier were up nearly 5% in Monday morning trade.Earnings per share came in at 0.003 yuan, compared with 0.084 yuan in 2024.Revenue fell 16% year on year to 644.9 million yuan from 770.5 million yuan.
Jia Yao (HKG:1626) has launched a cannabidiol business focused on procurement and export, according to a Tuesday Hong Kong bourse filing.Shares of the paper cigarette packaging supplier were up over 11% in Wednesday morning trade.Jia Yao said it has obtained the necessary licenses for the business, including permits related to non-drug precursor chemicals and dual-use export items, allowing it to operate legally.The company said the business is at an early stage but has already secured trade contracts and generated initial revenue.Jia Yao plans to expand into downstream products such as beauty, personal care, and pet healthcare, while exploring research and development partnerships.
