除税后亏损乃主要由于以下因素的净影响:天然气价格疲软以及本集团的加拿大能源业务产量下降,在成本结构大体固定的情况下,压缩了经营利润率,导致本期间EBITDA呈负值。不同于2024年上半年因野火导致生产中断,2025年上半年的业绩受到Nova Gas Transmission Ltd.(NGTL)的管道输送限制、2024年年中第三方设施关闭后Horn River Basin持续关停,及因Horn River Basin价格低迷而主动减产等因素的影响;本集团的贵金属精炼及贸易业务持续录得亏损,主要原因是尽管整体销量较去年同期有所增加,仍面临精炼厂利用率偏低、市况严峻,以及来自中东的竞争加剧情况;及受股市情绪改善推动,取得投资收益净额930万港元,扭转去年同期亏损局面。
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