HK Stock Market Move | NEXTEER (01316) dropped more than 8%, and the net profit attributable to the parent company in the second half of last year decreased both year-on-year and compared to the previous period.

NEXTEER (01316) fell more than 8%, as of the time of publication, down 8.03% to 5.38 Hong Kong dollars, with a trading volume of 215 million Hong Kong dollars. On the news front, NEXTEER released its 2025 annual performance, with the company achieving revenue of 4.584 billion US dollars, an increase of 7.21% year-on-year; shareholders' net profit attributable to the company amounted to 102 million US dollars, an increase of 65.27% year-on-year; earnings per share were 0.041 US dollars; and a final dividend of 0.0183 US dollars per share is proposed. Zhongjin commented that NEXTEER's operating income in the second half of 2025 was 2.34 billion US dollars, an increase of 7.6% year-on-year and 4.4% quarter-on-quarter; net profit attributable to shareholders was 39 million US dollars, a decrease of 16.3% year-on-year and 39.3% quarter-on-quarter. Due to factors such as impairment and tariffs, the performance was lower than market expectations. Due to the uncertainty of the external environment, the bank lowered the company's 2026 net profit forecast by 32% to 1.5 billion US dollars.