HK Stock Market Move | KO YO GROUP (00827) falls more than 20% after warning profit decline, expected annual net loss attributable to shareholders of approximately RMB 709 million, average selling price of chemical products decreases.

After the profit warning, KO YO GROUP (00827) fell more than 20%, dropping 20.25% to HK$0.063 as of the time of reporting, with a trading volume of HK$1.9923 million. On the news front, on March 13th, KO YO GROUP announced that it is expected to have a net loss attributable to equity holders of approximately RMB 709 million for the financial year ending December 31, 2025. This is an increase of RMB 204 million in net loss compared to the financial year ending December 31, 2024. The main reason for the increased net loss in 2025 is due to a drop in the gross profit margin of the group's products and an impairment loss of approximately RMB 245 million on fixed assets. The announcement stated that the average selling prices of chemical products and fertilizers in 2025 have decreased compared to last year, leading to a drop in the gross profit margin of the group's products. The average gross profit margin of the group's products in 2025 is expected to be approximately -3.0%, compared to 1.3% in the previous year.