Stock Track | China Longyuan Stock Plummets 5.19% Intraday Following Disappointing 2025 Annual Results

Stock Track04-01

CHINA LONGYUAN (00916) shares plummeted 5.19% during intraday trading on Wednesday, following the release of the company's 2025 annual results which showed significant declines in both revenue and profit.

The sharp decline comes after China Longyuan Power Group reported that its operating revenue for 2025 fell 18.60% year-on-year to 30.253 billion yuan. Net profit attributable to shareholders dropped by 28.78% to 4.526 billion yuan. After adjusting for non-recurring items, the net profit decline was 22.81%.

Another report indicated an even steeper profit drop of 32.97% for the year, with revenue sliding to RMB 30.3 billion. The weak financial performance has prompted investor concerns about the company's near-term growth prospects, leading to the sell-off in Wednesday's trading session.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment