HK Stock Market Move | Fibocom Wireless Inc. (00638) fell nearly 4%, with the net profit attributable to shareholders in the first three quarters decreasing by 51.5% year-on-year.

Fibocom Wireless Inc. (00638) fell by nearly 4% as of the time of writing, dropping by 3.78% to 18.34 Hong Kong dollars, with a turnover of 298.308 million Hong Kong dollars. On the news front, Fibocom Wireless Inc. announced its performance for the first three quarters of 2025, with operating income of approximately 5.366 billion yuan, a year-on-year decrease of 13.69%; net profit attributable to shareholders of the listed company of approximately 316 million yuan, a year-on-year decrease of 51.5%. Looking at the third quarter alone, the company achieved operating income of 1.659 billion yuan, a year-on-year decrease of 22.56%, and net profit attributable to the mother of 98.284 million yuan, a year-on-year decrease of 69.14%. The announcement stated that excluding the business scope of RDA Microelectronics, the company's operating income for the first three quarters increased by 7.32% year-on-year, while net profit attributable to the mother decreased by 2.19% year-on-year.