China Duty Free AH stocks soared in the market on January 8th, hitting the daily limit during the session and closing with a market value of over 160 billion. This surge came after the company released a performance report, showing impressive growth in both operating income and net profit.
According to the report, in 2023, China Duty Free achieved operating income of 67.576 billion yuan, marking a 24.15% increase from the previous year. Additionally, the net profit attributable to shareholders of listed companies reached 6.717 billion yuan, representing a substantial year-on-year increase of 33.52%. The company’s strong fourth-quarter performance also contributed to this growth, with operating income in the fourth quarter rising by 11.09% and net profit increasing by an astounding 275.62%.
Following this positive news, other performance-increasing stocks also experienced a surge in the market. PEACEBIRD, ZTE Commercial, Bowei Alloy, and Hengmingda all saw significant increases in their stock prices. Additionally, several more stocks released annual report previews after the market closed on the 9th, with companies like Lotus Health, Commodity City, and Kangtai Biotech expecting substantial increases in their net profits for 2023.
Based on Wind statistics, as of press time, 90 companies have disclosed annual report forecasts, with 13 stocks showing a net profit increase of over 100% year-on-year. This news has sparked excitement in the market, with many investors eagerly anticipating the upcoming annual reports and potential opportunities for growth.