HK Stock Market Move | BATELAB (02149) fell by over 13%, with profit decreasing nearly 27% year-on-year to 1.22 billion yuan last year.

BATELAB (02149) fell by more than 13%, as of press time, it dropped by 13.17%, to 35.6 Hong Kong dollars, with a turnover of 3.7 million Hong Kong dollars. On the news front, BATELAB released its annual performance for the year ending December 31, 2025. The group achieved revenue of 584 million RMB during the period, an increase of 0.9% year-on-year; annual profit was 122 million RMB, a decrease of 26.8% year-on-year; and basic earnings per share were 1.97 RMB. The announcement pointed out that revenue increased by 0.9% year-on-year during the period, with stable demand growth for high-end industrial analog chips and further deepening import substitution. On the other hand, the fluctuating external trade environment led the company to proactively adjust its distributor structure. The company overall maintained a steady and progressive operating pace in 2025.