Infant formula supplier Health and Happiness rises on solid sales growth

Health and Happiness (H&H) International Holdings

17/04/2023 08:45

** Shares in Chinese infant formula and adult nutrition
products supplier Health and Happiness (H&H) International
Holdings Ltd  1112.HK  rise as much as 4.1% to HK$14.06, their
highest since March 7
    ** Company said total revenue increased 17.3% year-on-year
on a reported basis to 3.15 bln yuan ($21.84 mln) for three
months ended in March  
    ** The Hang Seng Commerce & Industry Index  .HSNC  surges
1.9% and the Hang Seng Consumption Index  .HSCGSI  gains 0.3%
    ** The Hang Seng Composite Index  .HSCI  climbs 1.5% and the
Hang Seng Index  .HSI  rises 1.8%
    ** At of last close, the stock had fallen about 19% this
year
    

($1 = 6.8677 Chinese yuan renminbi)

 (Reporting by Donny Kwok, Editing by Louise Heavens)
 ((donny.kwok@thomsonreuters.com))