Shenzhen International Holdings (HKG:0152) saw its stock price plummet by 5% in intraday trading following the release of its interim results for the first half of 2025. The company reported a significant decline in profit, which appears to have disappointed investors and triggered a sell-off.

According to the company's financial report, Shenzhen International's attributable profit for H1 2025 fell to HK$490.2 million, down 24.9% from HK$652.7 million in the same period last year. The sharp decline in profit was primarily attributed to the absence of a one-time gain that boosted last year's results. In the previous year, the group had injected two logistics port projects into a REIT fund, generating after-tax gains of approximately HK$587 million.

Despite the profit decline, the company's revenue remained relatively stable at HK$6.67 billion, representing a slight increase of 0.9% year-on-year. However, this marginal growth failed to offset investor concerns about the company's profitability. The board's decision not to declare a dividend for this period may have further contributed to the negative market sentiment. As the company faces challenges in its various business segments, including logistics, port services, and toll roads, investors seem to be reassessing the stock's value in light of these financial results.