ONEWO Shares Plunge Over 7% Following Sharp 39% Drop in Annual Net Profit

Stock News03-20

ONEWO (02602) fell more than 7% in Hong Kong trading. At the time of writing, the stock was down 7.08% to HK$17.32, with a turnover of HK$61.96 million. The decline follows the release of the company's 2025 annual results. The group reported revenue of RMB 37.27 billion, representing a year-on-year increase of 2.72%. However, profit attributable to the company's shareholders was RMB 695 million, a significant decrease of 38.96% compared to the previous year. A final dividend of RMB 0.546 per share was declared. During the period, core net profit reached RMB 2.13 billion, up 0.8% year-on-year. After excluding the impact of the developer business, the core net profit was RMB 1.71 billion, reflecting an 11.1% increase.

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