HK Stock Market Move | Vitasoy International (00345) rose more than 9% in the afternoon, with a year-on-year increase of 17% in net profit and a final dividend increase of over 30%.

Vitasoy International (00345) rose more than 9% in the afternoon trading session, with a 7.56% increase as of the time of writing, reaching HK$6.83. The trading volume amounted to HK$46.01 million. In terms of news, Vitasoy International released its annual performance as of March 31, 2026, with a revenue of HK$6.061 billion, a decrease of 3% compared to the previous year. The company's attributable profit to equity holders was HK$274 million, a growth of 17%, with a basic earnings per share of 26.3 HK cents. The company plans to distribute a final dividend of 13.5 HK cents per ordinary share, a 32.35% increase from the previous year. The announcement attributed the profit growth to the income from the sale of land and buildings held by Vitasoy (Shanghai) Limited (VSL sale), as well as effective control of operating costs during operations. However, some of the gains were offset by a decrease in gross profit, impairment charges in Australia (VAP impairment), and increased tax expenses.