JNBY (03306) rose more than 3%, reaching 3.56% higher at HK$22.72 as of press time, with a turnover of HK$33.5909 million.

On the news front, CLSA issued a research report stating that JNBY's management said the target is for the JNBY brand to achieve positive growth in FY2027, with younger brands achieving high single-digit growth, and LESS remaining the main growth engine. In addition, retail sales since July have achieved high single-digit year-on-year growth, with online performance continuing to outperform offline.

The bank expects JNBY's FY2027 sales and net profit to grow by 8% and 9% respectively, maintaining an "Outperform" rating and a target price of HK$25.

Previously, JNBY released its annual results for the year ended June 30, 2026, with revenue of RMB 6.046 billion, up 9.0% year-on-year; gross profit of RMB 4.030 billion, up 10.7% year-on-year; and profit attributable to shareholders of RMB 997 million, up 11.7% year-on-year. It proposed a final dividend of HK$1.06 per share and a special dividend of HK$0.75 per share for the tenth anniversary of its listing. Together with the interim dividend of HK$0.52, the total dividend for the year amounted to HK$2.33 per share, with a payout ratio of approximately 110%.