HK Stock Market Move | SINOPEC SEG(02386) fell more than 11% after performance results, with a 27.1% decrease in net profit compared to last year.

SINOPEC SEG (02386) fell more than 11% after the performance report, dropping 11.04% to HK$6.53 as of press time with a turnover of HK$144.362 million. In terms of news, SINOPEC SEG released its annual performance for the year ending December 31, 2025. The group earned revenue of RMB 70.074 billion, a year-on-year increase of 9.2%; the profit attributable to equity holders of the company was RMB 1.798 billion, a year-on-year decrease of 27.1%; basic earnings per share were RMB 0.41. It plans to distribute a final dividend of RMB 0.104 per share and a special dividend of RMB 0.094 per share. The announcement stated that the 9.2% increase in revenue was mainly due to the peak settlement period for large projects such as Huajin, Saudi Riyas, and Mango Ethylene. During the reporting period, the group signed new contracts totaling RMB 101.248 billion, a year-on-year increase of 0.6%.