NewTimeSpace News: CM-ENERGY(00206.HK) issued a profit warning announcement on February 6, 2026, alerting shareholders and potential investors to a significant decline in the company's 2025 performance.

According to the announcement, compared with the 2024 data, CM Energy's 2025 revenue is expected to drop from approximately 166.8 million US dollars to the corresponding range, a year-on-year decrease of 17%-20%; the net profit attributable to the company's owners is expected to slump sharply from about 9.2 million US dollars, with a decline rate of 80%-90%.

The board of directors of CM-ENERGY stated that the performance decline is mainly due to two major reasons: first, the orders for offshore engineering-related electronic control and lifting equipment completed and delivered in 2025 decreased compared with the previous year; second, the Mexican onshore drilling rig upgrade and renovation project suffered delayed implementation progress due to market and customer factors, resulting in a year-on-year decrease in the workload completed and revenue recognized during the year.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.