Stock Movement | Zhou Hei Ya Soars 15%, Profits Up 60% Last Year, Planning Share Buyback

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Zhou Black Duck (01458) earned 60% more last year and plans to initiate a buyback, boosting its stock price by over 10%, with a maximum increase of 19%, peaking at HKD 1.51.

As of 3:21 PM, the price was reported at HKD 1.47, up 15.7%, with a transaction volume of HKD 17.6 million.

Zhou Black Duck announced that for the full year ending last year, its profit attributable to shareholders was HKD 157 million (RMB, same below), an increase of 59.6% year-on-year, with earnings per share of HKD 0.08, and a final dividend of HKD 0.09. Revenue was HKD 2.536 billion, up 3.5% year-on-year.

Additionally, the company announced plans to buy back up to approximately 211 million shares from the open market starting from March 27, 2026, until the conclusion of the 2027 annual general meeting, accounting for 10% of the total issued shares. The company emphasized that its current financial resources are sufficient to support the buyback and dividend distribution while maintaining a stable financial condition.

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