Conch Venture stock fell 3.30 percent before its October 15 ex-date

Published on 10/04/2026 at 12:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Conch Venture stock has an October 15 ex-date for its HKD 0.15 interim dividend. First-half revenue rose 22.89 percent, but net profit fell 35.38 percent.

Conch Venture, KYG2116J1085, Illustration mit AI erstellt.

Conch Venture stock (ISIN KYG2116J1085) fell 3.30 percent to HKD 7.33 on the Hong Kong Stock Exchange on October 2, 2026, after the company reported sharply lower first-half earnings. The next dated checkpoint is the HKD 0.15 interim dividend, which has an October 15 ex-date.

Revenue rose as profit weakened

In the first half of 2026, Conch Venture generated RMB 3.79 billion in revenue, up 22.89 percent year over year, while net profit attributable to equity shareholders fell 35.38 percent to RMB 830 million, according to Futubull on September 23, 2026. Earnings per share were RMB 0.49 and gross margin was 29.07 percent, down 9.31 percentage points from the prior-year period.

The contrast is important for investors: new-energy revenue surged 232.22 percent to RMB 1.03 billion, but that segment reported a gross margin of negative 6.31 percent. Lower associate profits and lithium carbonate cost pressure offset the expansion in sales.

Waste operations remain the stabilizer

The environmental-protection business delivered a more resilient operating picture. Waste-management revenue reached RMB 2.46 billion in the first half, up 3.10 percent year over year, with a 44.2 percent gross margin, according to Futubull in its September 9, 2026 report. Core-business net profit still declined 28.0 percent to RMB 321 million, showing why the new-energy margin remains central to the earnings outlook.

Huayuan Securities maintained a Buy rating in the September 9 review and cited the resilience of the waste-to-energy business, while identifying lithium carbonate volatility and project impairment as risks.

Dividend sets the next date

The board declared an interim dividend of HKD 0.15 per share, up from HKD 0.10 a year earlier. Futubull lists October 15, 2026, as the ex-date and November 9, 2026, as the payment date.

Stock trades near its yearly low

At HKD 7.33 on October 2, 2026, Conch Venture stock was HKD 0.33 above its 52-week low of HKD 7.00 and HKD 6.87 below its 52-week high of HKD 14.20. Market capitalization was HKD 13.1 billion and volume was 1,407,500 shares on the same date.