HUABAO INTL (00336) announced its annual results for the period ended December 31, 2025. The company reported revenue of approximately 3.485 billion yuan, representing a year-on-year increase of 3.3%. Gross profit was about 1.423 billion yuan, a decrease of 1.27% compared to the previous year. The loss attributable to equity shareholders of the company was approximately 389 million yuan, widening by 0.85% year-on-year. The loss per share was 12.04 cents, and the company proposed a special dividend of 5.5 HK cents per share. According to the announcement, the operating loss for the reporting period was primarily due to the recognition of a goodwill impairment of 488 million yuan and share-based compensation expenses of approximately 96 million yuan.