HK Stock Market Move | Ningbo Joyson Electronic Corp. (00699) rose nearly 3%, with net profit attributable to shareholders increasing by nearly 40% year-on-year over the past 25 years. The expansion of the automotive safety business has achieved significant breakthroughs.
Kun Sheng Electronics (00699) rose nearly 3%, as of the time of writing, it rose 2.13%, to 15.82 Hong Kong dollars, with a turnover of 348.69 million Hong Kong dollars.
Ningbo Joyson Electronic Corp. (00699) rose nearly 3%, as of press time, up 2.13% to 15.82 Hong Kong dollars, with a turnover of 34.8669 million Hong Kong dollars.
On the news front, recently, Ningbo Joyson Electronic Corp. announced its performance for 2025, achieving operating income of about 61.183 billion yuan, a year-on-year increase of about 9.5%. The overall gross profit margin increased by 2.1 percentage points to 18.3% compared to the same period last year, operating net cash flow increased to about 5.4 billion yuan, and net profit attributable to the parent company was about 1.336 billion yuan, a significant increase of 39.08% year-on-year. Basic earnings per share were 0.95 yuan, with a proposed cash dividend of 1.8 yuan per 10 shares (after tax).
During the reporting period, the company's new lifecycle order amount for designated projects was approximately 97 billion yuan, reaching a new high. The automotive safety business accounted for approximately 50.9 billion yuan, while the automotive electronics business accounted for approximately 46.1 billion yuan. The automotive safety business continued to maintain a large scale of new business orders, and made significant breakthroughs in expanding new customer structures and business landscapes. Leading independent brands and new forces in car manufacturing are becoming the core drivers of the company's order growth, with the proportion of orders continuing to increase.
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