HK Stock Market Move | CHAOJU EYE CARE (02219) fell by 12%, with a year-on-year decrease of 16.72% in net profit to 114 million yuan in the first half of the year.
In the morning, Visionary Optics (02219) fell by 12%, as of the time of writing, down by 12% to HK$2.64, with a trading volume of HK$7.4038 million.
CHAOJU EYE CARE (02219) fell by 12%, closing at 2.64 Hong Kong dollars with a trading volume of 7.4038 million Hong Kong dollars.
On the news front, CHAOJU EYE CARE announced its performance for the first half of 2025, with the group achieving a profit of 698 million yuan, a decrease of 4.91% year-on-year; the attributable profit to the parent company was 114 million yuan, a decrease of 16.72% year-on-year. No interim dividend will be distributed. The announcement stated that the decrease in profit was mainly due to a slight decline in outpatient and inpatient visits primarily for basic ophthalmic services, and price adjustments within the group since the second half of 2024 in response to increasingly fierce market competition and China's Volume-Based Procurement (VBP) national policy.
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