SHENZHEN INT'L (00152) saw its stock price plummet 5.18% during intraday trading on Thursday, following the release of its annual financial results for 2025.
The sharp decline comes as the company reported a significant drop in profitability. Profit attributable to shareholders fell 22% year-on-year to HK$2.25 billion, despite a 5% increase in revenue to HK$16.35 billion. The company attributed the profit decline primarily to the absence of a HK$587 million gain from injecting logistics projects into a REIT in the previous year and an impairment-related investment loss of approximately HK$436 million in an associate.
Basic earnings per share declined 23% to HK$0.93, and the board recommended a final dividend of HK$0.46 per share, also down 23% from the previous year. While the logistics business revenue grew 11%, the segment reported a loss, and the port business saw a 35% drop in attributable profit despite revenue growth, reflecting margin pressures and higher costs for new projects.
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