NEXTEER fell 8.55% against the market, last year's net profit rose 65%, and the final dividend increased by 1.1 times

NEXTEER (01316.HK) opened down 2.56% this morning (25th) against the market trend, and the decline widened in the early session, hitting a low of HKD 5.31. It is currently reported at HKD 5.35, down 8.55%, with a trading volume of 31.4904 million shares, involving HKD 173 million.

The company recorded a record high revenue of USD 4.584 billion last year, an increase of 7.2% year-on-year. The net profit was USD 102 million, up 65.3% year-on-year; earnings per share were USD 0.041. A final dividend of USD 0.0183 was declared, compared to USD 0.0087 in the same period last year, an increase of about 1.1 times, with a payout ratio of 45%. Adjusted EBITDA was USD 472 million, an increase of 11.2%. Last year, NEXTEER's total new orders reached USD 4.9 billion