HK Stock Market Move | CIRRUS (02507) rose nearly 6% again, with aircraft deliveries continuing to increase. The net profit for the first half of the year grew by more than 35% year-on-year.

CIRRUS (02507) has risen nearly 6% again, with an accumulated increase of nearly 50% since early July. As of the time of writing, it has risen 4.57%, priced at HKD 48.94, with a trading volume of HKD 105 million. In terms of news, CIRRUS released its mid-term results, reporting revenues of USD 737 million for the first half of the year, a year-on-year increase of 24.0%; the profit for the period was USD 88 million, a year-on-year increase of 35.6%. During the reporting period, the company delivered a total of 405 aircraft, a year-on-year increase of 15.7%. Among these, 348 were from the SR series and 57 were SF Vision Jets, representing a year-on-year growth of 26.7%, with an increase of 43 and 12 aircraft from the same period last year, respectively. Huayuan Securities previously issued a research report stating that CIRRUS possesses uniqueness and growth potential. The private aviation market continues to expand, with high entry barriers and a relatively stable industry landscape, highlighting the brand advantages of CIRRUS. The company's market share is expected to steadily improve. The company continues to enhance its aircraft production and delivery capabilities, build and improve its service ecosystem, and continuously advance product portfolio updates and user experience optimization, indicating that its performance is likely to maintain rapid growth.