HK's Golden Throat Holdings hits 1-month high on upbeat H1 forecast

Golden Throat Holdings

06/08/2018 04:28

** Shares of Golden Throat Holdings Group Co Ltd  6896.HK 
jump 13.6 pct to HK$1.50, their highest since July 6, after the
pharmaceutical and health food maker flags upbeat H1 outlook
    ** Stock poised for biggest daily pct again since July 12,
2017
    ** Co expects H1 profit to rise 40 pct on increasing sales
volume after restructuring its national sales channel
 urn:newsml:reuters.com:*:nFWN1UU0Z9
    ** Co is due to release H1 results on Aug 30
    ** Stock has fallen 32 pct this year, as of last close
    ** As of 0324 GMT, about 1.39 mln shares of the
Guangxi-based company have been traded, compared with their
30-day moving average of 222,500 shares a day
    ** Hong Kong benchmark index  .HSI  up 1 pct

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)