CM Energy Tech (206) Announces Significant Profit Drop for FY2025

Bulletin Express
Feb 06

CM Energy Tech Co., Ltd. (Stock Code: 206) has announced an expected decrease in revenue of approximately 17% to 20% for the year ended 31 December 2025 (FY2025), compared to the revenue of about USD166.8 million recorded in 2024. The company's profit attributable to owners is also anticipated to decline by around 80% to 90% from the USD9.2 million reported in 2024.

According to information presented in the unaudited consolidated management accounts, the decrease in orders for offshore engineering-related power control and lifting equipment completed in 2025, along with delays in the land drilling rig upgrade project in Mexico, contributed to the decline in both revenue and profit. These figures have not yet been reviewed or audited, and the company advises that the actual results for FY2025 may differ once the audit is finalized. The full financial results are expected to be published in March 2026, in accordance with listing requirements.

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