Stock Movement | Tuhu Loses 12% at Mid-Day, Earnings Down 13% Last Year

SighingCashier · 2026-03-23T06:15:34+00:00

Tuhu's profit declined 13% over the past year, with the stock price dropping as much as 12.8% midday, closing at 12.01 yuan. The full-year profit attributable to shareholders was 420 million yuan, with no dividends paid. Adjusted net profit increased by 12.17%, and revenue rose by 11.54%.

SighingCashier

2026-03-23 06:15:34

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Tuhu (09690) profit fell 13% last year, with the stock price dropping as much as 12.8% in the half day, reaching a low of HKD 11.9.

The stock closed at HKD 12.01 at noon, down 12%, with a turnover of HKD 96.8 million.

Tuhu announced that for the full year ending last year, attributable net profit to shareholders was HKD 4.2 billion (RMB), down 13.1% year-on-year. Basic earnings per share were HKD 0.5, with no dividend declared.

Last year, according to non-IFRS standards, adjusted net profit was HKD 7 billion, up 12.17% year-on-year; adjusted EBITDA was HKD 8.43 billion, up 8.51%. Revenue was HKD 164.62 billion, an increase of 11.54% year-on-year.

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