HK Stock Market Move | TEN PAO GROUP (01979) falls more than 15%, annual net profit drops by nearly 1% year-on-year, gross profit margin decreases by 1.3 percentage points.

TEN PAO GROUP (01979) fell more than 15%, as of the time of publication, down 15.47% to 2.24 Hong Kong dollars, with a turnover of 9.2265 million Hong Kong dollars. In terms of news, TEN PAO GROUP announced its performance for 2025, with revenue increasing by 3.2% year-on-year to 5.559 billion Hong Kong dollars, gross profit decreasing by 3.5% year-on-year to 1.012 billion Hong Kong dollars, and gross profit margin decreasing by 1.3 percentage points to 18.2%. The company's attributable net profit decreased by 0.9% year-on-year to 381 million Hong Kong dollars, with earnings per share of 36.9 Hong Kong cents and a final dividend of 6.6 Hong Kong cents per share. The announcement stated that the increase in revenue was mainly due to an increase in product sales volume resulting from rising demand from group customers, especially in the smart charger and controller division, media and entertainment division, and lighting division.