Changes in Hong Kong stocks | CNNC International (02302) fell by more than 4%, pre-cut its mid-term revenue by up to HK$451 million and earned no less than HK$5 million

The Zhitong Finance App learned that CNNC International (02302) fell by more than 4%. As of press release, it was down 4.5% to HK$4.135, with a turnover of HK$3.997,800.

According to the news, on the evening of August 5, CNNC International announced that revenue for the first half of 2026 is expected to decrease by no more than HK$451 million compared to about HK$592 million in the same period in 2025; gross profit decreased by no more than HK$12 million from about HK$19.7 million in the same period in 2025; and net profit attributable to shareholders is not less than HK$5 million. The sharp decline in revenue was mainly due to a sharp decrease in the volume of natural uranium business transactions between the company and independent third parties compared to the same period last year.