Hong Kong Stock Movement | CIG (06166) Falls Over 4% Again After Plunging More Than 12% Yesterday; Q4 Performance Falls Short of Expectations

Stock News
Jan 20

CIG (06166) dropped over 4% again, following a steep decline of more than 12% in the previous trading session. As of the time of writing, the stock was down 4.51%, trading at HKD 78.4, with a turnover of HKD 145 million. The recent announcement from CIG projected its net profit attributable to shareholders for 2025 to be between RMB 252 million and RMB 278 million, representing a year-on-year increase of 51.19% to 66.79%. Based on the reported Q3 2025 net profit of RMB 138 million, the estimated net profit for Q4 2025 is between a loss of RMB 7 million and a profit of RMB 19 million. This Q4 performance falls significantly short of the analyst consensus forecast of a RMB 139 million net profit. The announcement also highlighted an estimated foreign exchange loss of approximately RMB 81.61 million for 2025. This contrasts sharply with the foreign exchange gain of RMB 14.44 million recorded in 2024, resulting in a net year-on-year decrease in foreign exchange gains and losses of about RMB 96.05 million. This foreign exchange loss is estimated to account for approximately 29.36% to 32.38% of the projected net profit attributable to shareholders, exerting a notable negative impact on the current period's performance growth, although it does not reverse the overall trend of expected profit increase.

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