CM Energy Expects Upto 90% Lower Profit for 2025

MT Newswires Live02-06 16:49

CM Energy Tech (HKG:0206) said it expects to book 80% to 90% lower attributable profit in 2025, according to a Hong Kong bourse filing Friday.

The company's profit is expected to fall from the $9.2 million recorded in 2024.

Revenue for the year is expected to be 17% to 20% lower than the $166.8 million generated in 2024.

The company's financial results are due in March.

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