CM-ENERGY has announced a profit alert, forecasting a significant downturn in its financial performance for the 2025 fiscal year. The group anticipates its revenue will decline by approximately 17% to 20% compared to the approximately $167 million recorded for the year ended December 31, 2024. Furthermore, the profit attributable to the company's owners is expected to plummet by about 80% to 90% relative to the $9.2 million reported in the 2024 fiscal year. The board of directors attributes the anticipated decreases in both revenue and net profit for 2025 primarily to two factors: a year-on-year reduction in orders completed and delivered for offshore-related electrical control and lifting equipment during the year, and execution delays for a land drilling rig upgrade project in Mexico. These delays, caused by market conditions and client-related issues, resulted in a decrease in the workload completed and the corresponding revenue recognized within the 2025 period compared to the previous year.