HK Stock Market Move | TUYA-W(02391) rises more than 3%, with a net profit of 57.89 million US dollars last year, a year-on-year increase of more than 10 times.

TUYA-W(02391) rose more than 3%, as of press time, it increased by 2.79% to 19.13 Hong Kong dollars, with a turnover of 1.0374 million Hong Kong dollars. On the news front, Tuya Smart announced this morning that in the fourth quarter of 2025, total revenue was 84.5 million US dollars, an increase of approximately 3.0% year-on-year; net profit was 19.3 million US dollars, compared to 9.8 million US dollars in the fourth quarter of 2024. For the full year 2025, total revenue was 321.8 million US dollars, an increase of about 7.8% compared to last year; net profit was 57.89 million US dollars, a year-on-year increase of 1058.5%. By the end of 2025, the number of registered AI+IoT developers on the platform had reached 1.8 million, an increase of 37% year-on-year. The number of AI Agents developed on the Tuya platform has reached approximately 16,000. The penetration rate of AI capabilities in terminal products continues to increase, and the pace of commercialization is steadily advancing. AI is evolving from simple functional additions to replicable AI applications and sustainable sources of income, driving the platform's value to a higher quality structure.