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CM Energy Tech Reports Decline in Interim Financial Results

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CM Energy Tech Reports Decline in Interim Financial Results

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CMIC Ocean En-Tech Holding Co ( (HK:0206) ) has provided an announcement.

CM Energy Tech Co., Ltd., a company incorporated in the Cayman Islands, has reported its unaudited interim financial results for the six months ending June 30, 2025. The company experienced a significant decline in financial performance compared to the same period in 2024, with a 19.3% decrease in revenue to approximately $62.6 million, an 11.5% drop in gross profit to $15.5 million, and a 43.1% reduction in net profit to $2.7 million. Consequently, the Board has decided not to declare an interim dividend for this period.

More about CMIC Ocean En-Tech Holding Co

Average Trading Volume: 2,471,650

Technical Sentiment Signal: Buy

Current Market Cap: HK$902.2M

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