HEALTHY gains lifted CNT by 4.5 cents, or 13.85 per cent yesterday, as the company's shares closed at 37 cents in active trading. Turnover was $8.7 million as 23.9 million shares changed hands. The group announced a 77 per cent jump in attributable profit to $110.4 million in the year ended December 31. The group's turnover jumped from $711 million to $1.22 billion. The company is involved in the paint, toys, electronic and electrical appliances manufacturing sectors. It also has interests in Citybus and property developments. The company said it had recovered from the 1993 slump by moving production facilities to China and expanding its bus business. Passenger growth on the Citybus network and an increase in bus fares also contributed to a 30 per cent increase in monthly revenue, the company said. But it admitted its property development in China was hit by the austerity measures. The price of First Pacific dropped on news that its Amsterdam-listed subsidiary, Hagemeyer, would merge with its Dutch rival Koninklijke Borsumji Wehry. First Pacific's stake in the subsidiary will fall to 37 per cent after the move. The counter shed 60 cents, or 7.69 per cent, to $7.20 in heavy turnover of $38.1 million. Giordano Holdings plunged 65 cents, or 11.11 per cent, to close at $5.20 in turnover of $1.47 million. Brokers attributed the plunge to profit taking as the counter had increased by 29 per cent last week on the back of a market rally. Wing Shan International rose four cents, or 4.12 per cent, at $1.01 with a turnover of $12.9 million. Kingboard Chemical topped the best performer list with its share price soaring 32.5 cents, or 15.1 per cent, to close at $2.475. Turnover was $857,500. Analysts said small companies were buoyed by active trading in the stock market since last week as individual investors tried to pick up laggards. Seapower Securities research manager Samuel Lau Kwok-leung said: 'Small companies, especially industrial stocks, are doing quite well.'