CM Energy Tech Co. Ltd. Reports 27.8% Drop in Revenue for H1 2025, Driven by Decline in Equipment Sales

Reuters

08/28

CM Energy Tech Co. Ltd. Reports 27.8% Drop in Revenue for H1 2025, Driven by Decline in Equipment Sales

CM Energy Tech Co. Ltd. has released its financial results for the six months ended June 30, 2025. The company reported a revenue of $62.63 million, a decrease from $77.60 million in the same period in 2024. The gross profit for the period stood at $15.52 million, down from $17.54 million in the previous year. The company recorded a net profit from operations of $4.81 million, compared to $5.72 million in the first half of 2024. The earnings per share for the six months ended June 30, 2025, were reported at US0.09 cent, marking a 40% decrease from US0.15 cent in the corresponding period of the previous year. The Board has decided not to declare an interim dividend for this period. Significant updates in business operations include a noted decline in revenue from sales of land drilling equipment, offshore equipment, and marine equipment, which totaled $28.23 million in 2025, down from $37.86 million in 2024.

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. CM Energy Tech Co. Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

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Ltd. Reports 27.8% Drop in Revenue for H1 2025, Driven by Decline in Equipment Sales","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      CM Energy Tech Co. Ltd. Reports 27.8% Drop in Revenue for H1 2025, Driven by Decline in Equipment Sales\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CM Energy Tech Co. Ltd. has released its financial results for the six months ended June 30, 2025. The company reported a revenue of $62.63 million, a decrease from $77.60 million in the same period in 2024. The gross profit for the period stood at $15.52 million, down from $17.54 million in the previous year. The company recorded a net profit from operations of $4.81 million, compared to $5.72 million in the first half of 2024. 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Ltd. Reports 27.8% Drop in Revenue for H1 2025, Driven by Decline in Equipment Sales\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-08-28 16:52</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      CM Energy Tech Co. Ltd. Reports 27.8% Drop in Revenue for H1 2025, Driven by Decline in Equipment Sales\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CM Energy Tech Co. 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The company recorded a net profit from operations of $4.81 million, compared to $5.72 million in the first half of 2024. The earnings per share for the six months ended June 30, 2025, were reported at US0.09 cent, marking a 40% decrease from US0.15 cent in the corresponding period of the previous year. The Board has decided not to declare an interim dividend for this period. Significant updates in business operations include a noted decline in revenue from sales of land drilling equipment, offshore equipment, and marine equipment, which totaled $28.23 million in 2025, down from $37.86 million in 2024.\n      \n\nDisclaimer: 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. CM Energy Tech Co. 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