Changes in Hong Kong stocks | Weigao shares (01066) fell more than 3%, net profit in the first half of the year fell 23.23% year on year, and mining price cuts dragged down medical device profits

The Zhitong Finance App learned that Weigao shares (01066) fell by more than 3%. As of press release, it fell 3.59% to HK$3.355, with a turnover of HK$929.396 million.

According to the news, Weigao Co., Ltd. announced its 2026 interim results. The group obtained revenue of 6.849 billion yuan, an increase of 3.08% over the previous year; profit attributable to company owners was 774 million yuan, a year-on-year decrease of 23.23%; after excluding exchange and one-time projects, the year-on-year decrease was 11.7%. It is proposed to pay an interim dividend of $0.0854 per share compared to $0.0969 in the same period last year.

During this period, the turnover of medical device products was approximately RMB 3.364 billion, an increase of 5.4% over the same period. Despite an increase in turnover, operating profit declined by nearly 10% year-on-year due to price cuts for several core products due to collection policies starting in the third quarter of 2025.