Shuangdeng Group's 2025 Profit Falls 30%; Shares Drop 11%

MT Newswires Live

03/26

Shuangdeng Group (HKG:6960) booked 255.5 million yuan in attributable profit for 2025, falling 30% from 353.3 million yuan in 2024, according to a Hong Kong bourse filing Wednesday.

Shares of the energy storage batteries maker fell nearly 11% in late morning trade Thursday.

Earnings per share was 0.67 yuan, compared with 0.99 yuan in the prior year.

Revenue rose 13% year on year to 5.08 billion yuan, figures showed.

The company also proposed a dividend of 0.12 yuan per share for the year.

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