Guming Holdings (HKG:1364) saw its stock price plummet by 8.29% in Monday's trading session, despite reporting strong financial results for 2024. The Chinese teahouse chain announced a 37% year-on-year increase in profit attributable to owners, reaching 1.48 billion yuan, and a 15% rise in revenue to 8.79 billion yuan.

The company's earnings per share climbed to 0.71 yuan, up from 0.52 yuan in the previous year. However, investors seemed unimpressed by these positive figures, as the stock continued its downward trend from last week. One potential factor contributing to the negative sentiment could be the company's decision not to declare a dividend for the period, which may have disappointed income-seeking investors.

While Guming Holdings demonstrated solid growth in both profit and revenue, the market's reaction suggests that investors may have higher expectations or concerns about the company's future prospects. The significant stock price drop, despite the positive financial results, indicates that other factors might be influencing investor sentiment, such as broader market conditions, industry trends, or specific challenges facing the company that were not addressed in the financial report.