China pork group WH Group hits 10-month low as H1 profit slips
31/08/2026 05:09
BUZZ-China pork group WH Group hits 10-month low as H1 profit slips ** Shares of WH Group 0288.HK fall 5.5% to HK$7.45 in third straight declining session, to lowest since October 31, 2025
** Stock on course for biggest one-day pct decline since April 29
** Chinese pork production group says its first half profit attributable after biological fair value adjustments slips to $770 million, as compared to $788 million in year ago period; operating profit down 2.2% y/y, while revenue up 3.3% y/y
** Company declares interim dividend of HK$0.20 per share, same as last year
** YTD, stock down 14%, benchmark Hang Seng Index .HSI down 0.9%
(Reporting by Donny Kwok)
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