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KUAISHOU-W Slips ~13% in Early Trade, Foretells Amplified Capex in 2026
2026-03-26 09:36:50 KUAISHOU-W (01024.HK) opened 9.7% lower this morning. With the decline widening in the early session, it bottomed at HK$45.66. It last posted at HK$46.36, down 12.61%, with a turnover of 44.8748 million shares, amounting to HK$2.091 billion. Kuaishou announced its fourth-quarter results ending December 31, 2025, after the market closed yesterday. The company reported a profit of RMB5.234 billion, a YoY increase of 31.7%. Revenue grew 11.8% YoY to RMB39.568 billion, above the consensus forecast of RMB38.746-38.991 billion from various brokers. According to non-IFRS measures, adjusted net profit for the fourth quarter hiked by 16.2% YoY to RMB5.463 billion, close to the upper limit of the forecast of RMB5.078-5.486 billion from six brokers as compiled by this website; adjusted EBITDA added by 17% YoY to RMB8.037 billion, ahead of the forecast of brokers surveyed, which ranged RMB7.26-7.89 billion. Kuaishou CFO Jin Bing said that the group’s total capital expenditure is expected to reach RMB26 billion in 2026, an increment of about RMB11 billion compared to 2025. ~ AASTOCKS Financial News Website: www.aastocks.com | |