HK Stock Market Move | CHINA MER PORT (00144) fell over 4% in the afternoon, with a year-on-year decrease of 18.5% in net profit last year. The final dividend was reduced to 0.489 Hong Kong dollars.

CHINA MER PORT (00144) fell more than 4% in the afternoon, down 3.12% to HK$15.22 with a turnover of HK$420.6 million as of the time of reporting. In terms of news, CHINA MER PORT released its fiscal year 2025 results during lunchtime, with revenue reaching HK$13.354 billion, up 12.8% year-on-year. However, due to a decrease in profits from associates by HK$1.445 billion compared to the same period last year, a decrease in the fair value change net amount of financial assets accounted for at fair value through profit or loss by HK$0.531 billion, and an increase in expected credit loss provision net amount by HK$0.605 billion year-on-year, offsetting the revenue growth. The profit attributable to equity holders of the company and recurring profit were HK$6.457 billion and HK$6.511 billion respectively, representing a year-on-year decrease of 18.5% and 13.8%. The proposed final dividend is HK$0.489 per share, compared to HK$0.636 in the same period last year.