Stock Track | Shougang Res Plummets 5.88% Intraday After Reporting 58% Profit Drop in FY2025 Results

Stock Track
Mar 27

Shougang Fushan Resources Group Limited (SHOUGANG RES, 00639) saw its stock price plummet by 5.88% during intraday trading on Friday. The sharp decline followed the release of the company's annual financial results for the year ended December 31, 2025.

The company reported a significant 58% year-on-year decrease in profit attributable to owners, which fell to HK$632 million. Revenue also declined by 2% to HK$5,056 million, while basic earnings per share dropped 59% to HK12.42 cents. Management attributed the substantial earnings decline primarily to a 36% drop in average realized clean coking coal selling prices to RMB 1,066 per tonne.

Despite the profit decline, the board proposed a final dividend of HK6 cents per share, bringing the total dividend for the year to HK12 cents per share with a payout ratio of approximately 97%. The company also expanded into coal trading during the review year, with this segment accounting for 35% of total revenue, representing a strategic diversification of revenue sources.

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