Avary Holding Hits Day High with Strong 3.68% Intraday Surge

Avary Holding (Shenzhen) Co., Ltd. has shown significant activity today, with the stock rising by 3.68% and reaching an intraday high of CNY 60.34. This performance stands in contrast to the China Shanghai Composite, which has seen a slight decline of 0.22% on the same day.
Over the past week, Avary Holding has demonstrated a robust increase of 12.68%, further highlighting its strong market position. The company's performance metrics reveal a remarkable year-to-date gain of 60.5%, significantly outperforming the China Shanghai Composite's 18.99% during the same period.

In terms of profitability, Avary Holding reported impressive growth in its latest quarterly results, with pre-tax profit soaring by 209.29% to CNY 844.15 million and net profit increasing by 139.1% to CNY 703.24 million. The company has also benefited from a substantial reduction in raw material costs, which fell by 46.55% year-over-year.

With a market capitalization of CNY 140,361 million and a return on equity of 12.92%, Avary Holding continues to solidify its position in the electronics and appliances industry, showcasing strong financial health and performance metrics.