China Foods (00506.HK) saw its stock soar 5.04% during intraday trading on Tuesday, following the announcement of its impressive financial results and dividend declaration. The company's strong performance has evidently boosted investor confidence, driving the stock to significant gains.

According to the released financial statements, China Foods reported a full-year revenue of RMB21,492 million, showcasing the company's robust market position and operational efficiency. More importantly, the profit attributable to shareholders reached RMB860.5 million, indicating a healthy bottom line and effective cost management strategies.

In a move that further pleased shareholders, China Foods declared a final dividend of RMB0.153 per share. This generous payout demonstrates the company's commitment to returning value to its investors and reflects management's confidence in the firm's financial stability and future prospects. The combination of strong financial performance and attractive shareholder returns appears to be the primary driver behind today's stock price surge, as investors react positively to the company's solid fundamentals and shareholder-friendly policies.