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Changes in Hong Kong stocks | H&H International Holdings (01112) rose nearly 6% in the afternoon, revenue in the first three quarters increased 24.5%, and the company raised its annual revenue forecast
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The Zhitong Finance App learned that H&H International Holdings (01112) rose nearly 6% in the afternoon. As of press release, it rose 5.74% to HK$23.58, with a turnover of HK$95.5413 million.

According to the news, H&H International Holdings announced results. In the first three quarters, the company achieved revenue of 13.45 billion yuan, an increase of 24.5% over the previous year; in the third quarter, revenue of 4.75 billion yuan, an increase of 25.5% over the previous year. The company raised the Group's annual revenue forecast, and the revenue growth guide was raised from medium to high double digits.

According to China Merchants Securities, as of the end of 26Q3, the company's cash reserves exceeded 2.1 billion yuan, and the total debt reduction in the first three quarters was more than 1.3 billion yuan; RMB loans and hedging arrangements provided risk coverage equivalent to 100% of the total loan amount. The company aims to double the net leverage ratio in 2026, and continue to repay debts in Q4 according to the cash situation; the final dividend payout ratio for the whole year is expected to be in the 50%-70% range.

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