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Hong Kong Stock Movements | Garibaldi Group (01285) Surges Over 40%, Expected Record Profit Growth of Up to 230% Year-over-Year
Zhitong Finance APP learned that Jiasi Li Group (01285) rose over 40%. As of the time of publication, it increased by 40.66%, trading at HKD 1.28, with a turnover of HKD 1.2275 million.
On the news front, on the evening of March 25, Jiasi Li Group issued a profit forecast, estimating that its net profit for the year ending December 31, 2025, will be between approximately RMB 101.4 million and RMB 111.1 million, representing a year-on-year increase of about 210% to 230%. The main reason is the group’s continued and in-depth implementation of lean management strategies to reduce costs, improve efficiency, optimize management, and upgrade technology, resulting in administrative and sales expenses decreasing by about RMB 62 million compared to last year. Global commodity markets remain stable, with costs of raw materials such as sugar, flour, and packaging materials decreasing. Despite a decline in sales volume in 2025, gross profit margin still expanded by 1.1 percentage points compared to last year.