HKG:3288

2 stories mentioning HKG:3288Updated just now

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Haitian Flavouring and Food Plans 2 Billion Yuan Stock Buyback; Shares Up 4%

Foshan Haitian Flavouring and Food (SHA:603288, HKG:3288) plans to spend between 1 billion yuan and 2 billion yuan to repurchase A-shares, according to a Shanghai bourse filing on Tuesday.The company aims to buy back between 18.9 million shares and 37.7 million shares for a minimum price of 53 yuan per share through centralized bidding.The share buyback will be implemented 12 months after shareholders' approval.The Chinese condiment maker's shares jumped 4% during the morning trade.

HKG:3288SHA:603288

Asia56d ago

Haitian Flavouring and Food's Q1 Profit Rises 11%, Revenue Up 9%

Foshan Haitian Flavouring and Food's (SHA:603288, HKG:3288) net profit attributable to shareholders in the first quarter rose 11% to 2.44 billion yuan from 2.20 billion yuan a year ago, according to a Hong Kong bourse filing on Monday.The condiment maker's Shanghai shares slipped 1% during the morning trade.Earnings per share increased 5% year on year to 0.42 yuan from 0.40 yuan.Operating revenue climbed 8.6% to 9.03 billion yuan from 8.32 billion yuan in the previous year.

HKG:3288SHA:603288

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