Want Want China hits 17-year low on lower annual profit, dividend
30/06/2026 06:30
BUZZ-Want Want China hits 17-year low on lower annual profit, dividend ** Shares of Want Want China Holdings 0151.HK drop 13.1% to HK$3.38, their lowest level since May 2009
** Stock last down 12.1%, on track for its biggest one-day pct drop since March 2008
** China-based rice crackers and beverage producer said its net profit for year ended in March down 11.5% y/y to 3.84 bln yuan ($565.4 mln), with gross profit margin down to 46.3% from 47.6% a year earlier
** Co declares a final dividend of $0.0138 per share vs $0.0204 each a year ago
** YTD, stock down 26.7%, benchmark Hang Seng Index .HSI down 11.3%
($1 = 6.7917 Chinese yuan)
(Reporting by Donny Kwok)
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