China Youran Dairy hits 3-1/2-month high on robust earnings estimates
29/07/2026 02:55
BUZZ-China Youran Dairy hits 3-1/2-month high on robust earnings estimates ** Shares of China Youran Dairy Group 9858.HK jump 14.1% to HK$4.38, their highest level since April 16
** Stock on track for biggest one-day pct gain since December 2024
** Chinese fresh milk producer expects H1 net profit of 739 mln yuan-903 mln yuan ($109.14 mln-$133.36 mln), compared to a net loss of 297 mln yuan a year earlier
** Cites improvement in operating performance of core business, with raw milk business benefiting from increased sales volume and reduced feed cost
** YTD, stock down 14.8%, while benchmark Hang Seng Index .HSI up 0.2%
($1 = 6.7710 yuan)
(Reporting by Donny Kwok)
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