HK Stock Market Move | CNNC INT'L (02302) fell more than 4%, with mid-term revenues expected to decrease by up to HK$451 million, earning no less than approximately HK$5 million.

CNNC INT'L (02302) fell over 4%. As of the time of publication, it has decreased by 4.5%, trading at HKD 4.135, with a transaction volume of HKD 3.9978 million. On the news front, on the evening of August 5, CNNC INT'L announced that it expects revenue in the first half of 2026 to decrease by no more than approximately HKD 4.51 million compared to approximately HKD 5.92 million for the same period in 2025; gross profit is expected to decrease by no more than approximately HKD 12 million compared to approximately HKD 19.7 million for the same period in 2025; and net profit attributable to shareholders will not be less than approximately HKD 5 million. The significant decrease in revenue is mainly attributed to a substantial reduction in the transaction volume of natural uranium business between the company and independent third parties compared to the same period last year.