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The latest announcement is out from CMIC Ocean En-Tech Holding Co ( (HK:0206) ).
CM Energy Tech has warned investors that its revenue for the year ended 31 December 2025 is expected to fall by about 17% to 20% from USD166.8 million in 2024, while profit attributable to shareholders is projected to slump by roughly 80% to 90% from the prior year’s USD9.2 million. The sharp profit decline is mainly linked to fewer completed orders for offshore engineering power control and lifting equipment in 2025 and delays in a land drilling rig upgrade project in Mexico, which reduced the amount of work completed and revenue recognised during the year, prompting the company to caution shareholders and potential investors as it finalises its audited results due in March 2026.
The most recent analyst rating on (HK:0206) stock is a Hold with a HK$0.54 price target. To see the full list of analyst forecasts on CMIC Ocean En-Tech Holding Co stock, see the HK:0206 Stock Forecast page.
More about CMIC Ocean En-Tech Holding Co
CM Energy Tech Co., Ltd. is a Hong Kong-listed engineering and technology group focused on energy-related equipment, including offshore engineering power control and lifting systems, as well as land drilling rig upgrade projects, serving clients in global energy and offshore engineering markets.
Average Trading Volume: 4,528,744
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.71B
See more data about 0206 stock on TipRanks’ Stock Analysis page.