HK Stock Market Move | After issuing a warning, CIRC (01763) fell by over 7%. It is expected that net profit last year will decrease by at most 25% and income will decrease by at most 8%.

CIRC (01763) fell more than 7% after issuing a profit warning, dropping 6.54% to HK $20.3 as of press time, with a turnover of 114.711 million Hong Kong dollars. On the news front, CIRC announced that it expects annual revenue to be approximately 6.979 billion to 7.206 billion RMB, a decrease of about 5% to 8% year-on-year; net profit to be approximately 611 million to 655 million RMB, a decrease of about 25% to 30% year-on-year; and equity shareholders' annual profit to be approximately 302 to 322 million RMB, a decrease of about 20% to 25% year-on-year. The announcement stated that as of now, the company's operations are normal, and the decrease in revenue for the 2025 fiscal year is mainly due to a decline in revenue from the nuclear medical equipment division of the group. The decrease in profit is mainly due to tax and penalty payments made by the company's subsidiary, Shenzhen Zhongke Haidewei Biotechnology Co., Ltd.