HK Stock Market Move | APT SATELLITE (01045) fell more than 5% during trading, with shareholders' profit expected to decrease by about 31% in the 2025 fiscal year.

APT SATELLITE (01045) fell by more than 5% during trading hours, dropping by 4.22% to HK$3.63 as of the time of writing, with a trading volume of HK$22.9394 million. On the news front, APT SATELLITE announced that it expects a 31% year-on-year decline in shareholders' profit attributable to 2025. This is mainly due to the continued oversupply of satellite transponder resources in the Asia-Pacific region, leading to intense market competition and price reductions, which has had a negative impact on revenue; as well as rising subleasing costs. The announcement stated that despite facing challenges in the external environment, the group's financial position is strong and funds are sufficient. In the future, the group will utilize satellite and ground network resources from the group and its joint venture companies to strengthen core market development and localized business operations, in order to enhance the group's service capabilities and maintain profitability. At the same time, the group has begun preparations for the development of next-generation satellites to improve the advanced nature and competitiveness of the group's future satellite resources.