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CHINAHONGQIAO Slumps 12%+; Brokers Say 2025 Earnings Below Forecasts
Recommend 2 Positive 7 Negative 9 |
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CHINAHONGQIAO (01378.HK) opened down 8.41% today and once bottomed at HKD30.18. It last traded at HKD30.24, down 12.35%, with a volume of 71.9969 million shares, involving HKD2.246 billion. According to CHINAHONGQIAO's 2025 results, the company's revenue increased by 4% YoY to RMB162.354 billion, net profit grew by 1.2% to RMB22.636 billion, and overall gross profit margin dropped by 1.4 ppts to 25.6%, due to the decline in gross profit margin of its alumina products. Morgan Stanley, JPMorgan, and UBS said CHINAHONGQIAO's 2025 earnings were lower than expected. AAStocks Financial News |
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