HK Stock Market Move | CHINA LESSO (02128) fell over 4% with a 25.08% decrease in year-on-year net profit attributable to shareholders after 25 years. The company is deeply involved in key projects such as upgrading pipeline networks.

CHINA LESSO (02128) fell more than 4%, dropping by 2.79% to 4.87 Hong Kong dollars as of drafting, with a turnover of 13.5299 million Hong Kong dollars. In terms of news, recently, CHINA LESSO released its annual results for the year ending December 31, 2025. The group achieved revenue of 24.315 billion yuan, a year-on-year decrease of 10.03%; the profit attributable to owners of the company was 1.262 billion yuan, a year-on-year decrease of 25.08%; and earnings per share were 0.41 yuan. The announcement stated that, in the face of a complex market environment, the group adheres to the core business of plastic pipeline systems and implements a stable development strategy, with strong performance in its core business. It is deeply involved in key projects such as urban renewal, pipeline upgrades, and sewage treatment in multiple cities nationwide. In the agricultural sector, it has deepened its presence in several major agricultural provinces in China, with an increased market share of agricultural specialized pipelines. It has also successfully expanded into overseas agricultural markets in Africa, Southeast Asia, and other regions.