CT Vision S.L. Reports 28% Drop in Revenue and Narrows Operating Loss for First Half of 2025

Reuters08-29
CT Vision S.L. Reports 28% Drop in Revenue and Narrows Operating Loss for First Half of 2025

CT Vision S.L. (International) Holdings Ltd. announced its unaudited interim results for the six months ended June 30, 2025. The company reported a revenue of HK$147.7 million, a decrease from HK$203.9 million in the same period of 2024. The decline in revenue was primarily seen in the e-commerce business, which reported HK$2.0 million compared to HK$33.6 million in the previous year. In contrast, revenue from construction contracts in renewable energy systems amounted to HK$141.3 million, down from HK$168.7 million. The company also noted an increase in revenue from other activities to HK$4.1 million from HK$1.4 million. The group's gross profit fell to HK$10.1 million from HK$27.0 million, while the operating loss was reduced to HK$7.7 million from HK$18.6 million in the previous year. The overall loss for the period was HK$7.4 million. The renewable energy segment reported a profit of HK$5.4 million, whereas the e-commerce business contributed a profit of HK$1.1 million. The 'Others' segment, which includes building information modelling services in the PRC, reported a profit of HK$2.7 million. However, unallocated corporate expenses resulted in a total segment loss of HK$7.9 million. An income tax credit of HK$429,000 was also recorded. The company did not provide specific guidance or outlook for the future.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CT Vision S.L. (International) Holdings Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment