HK Stock Market Move | CH OVS G OCEANS(00081) fell more than 5% during trading, with a 19.6% decline in operating profit to 320 million yuan in the first quarter.

CH OVS G OCEANS (00081) dropped by more than 5% during trading, and as of the time of writing, it had fallen by 3.91%, closing at 2.7 Hong Kong dollars with a trading volume of 77.824 million Hong Kong dollars. On the news front, CH OVS G OCEANS announced that its group's first-quarter revenue was approximately 5.52 billion Chinese yuan, a year-on-year decrease of 4.6%; and its operating profit was approximately 320 million Chinese yuan, a year-on-year decrease of 19.6%. The announcement stated that in the first quarter of 2026, companies in the CH OVS G OCEANS series recorded a total contract sales of approximately 8.091 billion Chinese yuan, involving a sales area of around 690,600 square meters, representing a 16.7% and 15.4% increase respectively from the same period last year. Additionally, as of March 31, 2026, the total amount of subscribed but not yet signed sales contracts is approximately 534 million Chinese yuan, involving an area of about 43,400 square meters.