智通财经网·2026-03-31 05:43Core Viewpoint - China Merchants Port (00144) experienced a significant decline in stock price, dropping over 4% in the afternoon session, with a current price of HKD 15.22 and a trading volume of HKD 42.06 million [1] Financial Performance - For the fiscal year 2025, China Merchants Port reported a revenue of HKD 13.354 billion, representing a year-on-year increase of 12.8% [1] - The profit attributable to equity holders of the company decreased to HKD 6.457 billion, a decline of 18.5% year-on-year, while the recurring profit was HKD 6.511 billion, down 13.8% year-on-year [1] Factors Affecting Profitability - The decrease in profit was attributed to a reduction in profits from joint ventures amounting to HKD 14.45 billion year-on-year [1] - The fair value change of financial assets measured at fair value through profit or loss decreased by HKD 5.31 billion year-on-year [1] - The expected credit loss provision increased by HKD 6.05 billion year-on-year, further impacting profitability [1] Dividend Announcement - The company proposed a final dividend of HKD 0.489 per share, compared to HKD 0.636 per share in the same period last year [1]