Changes in Hong Kong stocks | Grain Mill (01837) rose more than 4% and is expected to achieve net profit growth of about 40%-50% year-on-year in the first half of the year

The Zhitong Finance App learned that Grain Mill (01837) rose by more than 4%. As of press release, it had risen 3.7% to HK$1.68, with a turnover of HK$2,421,800.

According to the news, recently, Grain Mill released a profit forecast. It is expected that the group will achieve a net profit of about 150 million to 160 million yuan in the first half of 2026, an increase of about 40%-50% over the previous year.

According to the announcement, the increase in net profit was mainly due to the effective implementation of the business development strategy and the steady rise in overall revenue. In particular, the offline channel business, including supermarket counter business and offline shelf business, increased significantly compared to the same period last year; and the effective implementation of various budget and cost control policies, which reasonably and effectively controlled sales and distribution expenses and general administrative expenses.