CM Energy's Profit Plunges 83% in 2025; Shares Drop 3%

MT Newswires Live

03/30

CM Energy Tech (HKG:0206) recorded an 83% decline in attributable profit in 2025 to $1.6 million from $9.2 million a year prior, according to a March 27 Hong Kong bourse filing.

Shares of the drilling industry's service provider were down over 3% in Monday afternoon trading.

Earnings per share stood at $0.0005 in the year, down from $0.0029 in the corresponding period of the last fiscal year.

Revenue 19% slipped to $135.4 million from $166.8 million a year earlier, due to a slowdown in business expansion and a lower volume of orders delivered.

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