CT VISION (00994) has announced an expected net loss attributable to company owners of no less than HK$33 million for the fiscal year ending December 31, 2025. This compares to a consolidated net loss of approximately HK$23.81 million recorded in the 2024 fiscal year. The increase in loss is primarily attributed to two factors. First, early in 2025, the introduction of two new national policies concerning photovoltaic energy projects led to significantly more cautious investment sentiment towards solar and other new energy projects. This resulted in numerous projects being suspended or scaled back, causing a decline in both revenue and profit margins. Intensified competitive pressures further amplified these effects, leading to a substantial reduction in the group's contract value and revenue. Second, the increase is due to the impact of an expected higher net provision for credit losses on trade and contract assets during the 2025 financial year.