HK Stock Market Move | EB Environment (00257) rose more than 5% after reporting results, with annual net profit increasing by 16% year-on-year. The final dividend is 12 Hong Kong cents per share.

EB ENVIRONMENT rose more than 5% after the performance, as of the time of publication, it has increased by 5.02% to HKD 5.23, with a turnover of HKD 55.2878 million. On the news front, EB ENVIRONMENT released its annual performance, with revenue of HKD 27.521 billion, a 9% decrease year-on-year; net profit attributable to equity holders amounted to HKD 3.925 billion, a 16% increase year-on-year; basic earnings per share were 63.9 HK cents; and a final dividend of 12 HK cents per share was proposed. It is worth noting that EB ENVIRONMENT is advancing its A-share listing. Guoyin International previously stated in a research report that if EB ENVIRONMENT can successfully list on both the A and H markets, it would not only help enhance the company's long-term value, but also allow EB ENVIRONMENT to access A-share market financing channels.