HK Stock Market Move | Great Wall Motors (00303) falls more than 9% after performance announcement, annual net profit down 14.5% year-on-year, final dividends decreased by 18%.

Great Wall (00303) fell by more than 9% after performance results, dropping by 9.56% to HK$55.35 at the time of writing, with a turnover of HK$48.6495 million. On the news front, Great Wall released its annual performance for the year ending March 31, 2026, with the group achieving revenue of $2.0275 billion USD, a decrease of 6.9% year-on-year; net profit attributable to shareholders was $134 million USD, a decrease of 14.5% year-on-year; proposed final dividend of 36 cents per share, a decrease of 18.2% from the previous fiscal year's 44 cents, with a full-year dividend of 53 cents per share, a decrease of 13.1% from the previous fiscal year's 61 cents. The announcement stated that the decrease in profit was mainly due to reduced revenue, an increase in the percentage of total operating expenses to group revenue, and an increase in the group's effective tax rate.