Southbound Holdings fell more than 10%, reaching a new low in nearly 2 months.

South Spin Holdings fell by 10.71% to HK$0.75 at one point during trading today, hitting a new low in nearly 2 months. South Spin Holdings announced that the group's income decreased by 0.6% from HK$43.789 billion in the fiscal year ending March 31, 2024 to HK$43.521 billion in the fiscal year ending March 31, 2025. For the fiscal year ending March 31, 2025, the company's attributable profit decreased by 5.4% to HK$342 million, while adjusted net profit decreased by 13.5% to HK$343 million. The board has approved a distribution of an interim dividend of HK$0.015 per share for the second time this year.