HK-listed snacks maker Want Want climbs on strong H1, higher dividend

Want Want China Holdings

19/11/2019 06:08

** Shares of Want Want China Holdings Ltd  0151.HK  rise as
much as 6.4% to HK$6.80
    ** Company says profit for six months ended September rose
18.4% to 1.6 bln yuan ($227.8 mln), with gross profit margin
increasing 4.4 pct points to 48.9%, amid a decrease in key raw
materials cost  urn:newsml:reuters.com:*:nFWN27Y0YO
    ** Snacks and beverages maker declares interim dividend of
US$0.0064/shr vs interim dividend of US$0.0053 in 2018
    ** As of Monday's close, stock up 17.3% this year
    ** Shanghai-based Want Want has outperformed the Hang Seng
Commerce & Industry index  .HSNC  by 0.7 pct points in the past
one month
    ** The Hang Seng China Enterprises index  .HSCE  climbs
0.9%, and the benchmark index  .HSI  rises 1.1%
 ($1 = 7.0253 Chinese yuan renminbi)

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