Stock Track | Kunlun Energy Plummets 6.51% Intraday After Reporting 10% Profit Decline
Stock Track
Mar 25
Kunlun Energy's stock plummeted 6.51% during intraday trading on Wednesday, following the release of its annual financial results.
The company reported a 10% decline in attributable profit for the year 2025 to 5.35 billion yuan, down from 5.96 billion yuan a year prior. Earnings per share also fell to 0.6174 yuan from 0.6883 yuan. Despite a 3.7% increase in revenue to 194 billion yuan, driven by higher natural gas sales, the profit drop likely triggered negative investor sentiment.
Kunlun Energy proposed a final dividend of 0.1498 yuan per share, subject to shareholder approval.
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