On June 2, Sensong International (02155.HK) fell 5.14% in regular trading, trading at 10.19 HKD/share, with trading volume of approximately 43.61 million HKD. The stock had surged over 19% in the previous trading session, and today's decline reflects notable profit-taking pressure.
On the news front, the company's subsidiary Sensong Haochun entered into a product procurement contract on May 28 with Senyan Yixin to sell a grinding liquid production system used in semiconductor CMP manufacturing processes, with a total consideration of RMB 12 million (tax inclusive). While the contract marks the group's expansion into semiconductor equipment, the deal size is relatively limited against the company's overall revenue base.
Fundamentally, the company's full-year results showed shareholder-attributable profit declining 18.7% year-over-year to RMB 600 million, with net profit margin falling 2.1 percentage points to 8.4%. The modest contract size, combined with weakening profitability metrics, appears insufficient to sustain the prior session's sharp rally, triggering profit-taking among short-term traders.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)