Stock Movement | Kunlun Energy Dropped 10% at One Point, Last Year's Profit Fell 10%

2026-03-25 02:54:25

Kunlun Energy (00135) reported a 10% decline in profit last year, with the stock price under pressure, dropping as much as 10.8% to a low of HKD 7.4.

As of 10:43 a.m., the stock was at HKD 7.65, down 7.8%, with a turnover of HKD 148 million.

The company announced its annual results for the year ending last year, with shareholders’ profit attributable to shareholders of RMB 5.346 billion, down 10.3%. Earnings per share were 61.74 cents, with a final dividend of 14.98 cents.

During the period, revenue was RMB 193.979 billion, an increase of 3.71% year-on-year, mainly driven by growth in sales volume due to increased industrial customers and growth in distribution and trading businesses, which led to higher revenue in the natural gas sales segment.

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