HK Stock Market Move | CDAYENONFER(00661) After issuing a profit warning, the stock fell by more than 25%. The annual revenue exceeded 66 billion, with net profit falling by more than 40% to 5.37 million.

CDAYENONFER fell more than 25% after issuing a profit warning, and as of the time of writing, it had fallen by 23.26% to HK$0.099, with a turnover of HK$108.359 million. On the news front, CDAYENONFER announced that it expected a significant decrease in net profit for the year ending December 31, 2025. The main reasons cited were the accelerated release of smelting capacity domestically and abroad, as well as the tight supply of copper concentrate. Smelting processing fees in 2025 experienced a steep decline, leading to a significant narrowing of the profitability of its subsidiary smelting processing companies. It is expected that the annual revenue will be approximately RMB 66.051 billion, an increase of approximately 14.17% year-on-year; and the net profit for the year is estimated to be around RMB 5.37 million, a decrease of approximately 44.04% year-on-year.