Hong Kong Stock Movement | DONGYUE GROUP (00189) Drops Over 5% as Subsidiary Forecasts Net Loss Attributable to Shareholders of RMB13.7M to RMB25.4M for FY2025

Stock News01-30

DONGYUE GROUP (00189) fell more than 5%, and as of the time of writing, it was down 3.65%, trading at HK$12.13, with a turnover of HK$98.7978 million. Recently, the company announced the annual results forecast for its non-wholly owned subsidiary, Shandong Dongyue Silicone Material Co., Ltd. (Dongyue Silicone Material) for the year ending December 31, 2025. The forecast indicates that Dongyue Silicone Material expects a net loss attributable to its shareholders in the range of RMB 13.7 million to RMB 25.4 million. The net profit after deducting non-recurring gains and losses is projected to be a loss between RMB 1.6 million and RMB 3.1 million.

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