华商能源二零二五年中期报告

2025INTERIM REPORT CONTENTS目錄 CONSOLIDATED STATEMENT OF PROFIT OR LOSS – UNAUDITED–3CONSOLIDATED STATEMENT OF PROFIT OR LOSS ANDOTHER COMPREHENSIVE INCOME – UNAUDITED–4CONSOLIDATED STATEMENT OF FINANCIAL POSITION5CONSOLIDATED STATEMENT OF CHANGES IN EQUITY– UNAUDITED–7CONDENSED CONSOLIDATED CASH FLOW STATEMENT– UNAUDITED–8NOTES TO THE INTERIM FINANCIAL INFORMATION– UNAUDITED–9MANAGEMENT DISCUSSION AND ANALYSIS21CORPORATE INFORMATION46 INTERIM RESULTS FOR THE SIX MONTHS ENDED 30JUNE 2025 The board (the “Board”) of directors (the “Directors”) of CM Energy TechCo., Ltd. (the “Company” or “CM Energy”) announces the unauditedresults of the Company and its subsidiaries (collectively the “Group”)for the six months ended 30 June 2025, together with the unauditedcomparative figures for the corresponding period in 2024 as follows: RESULTS HIGHLIGHTS •62.677.619.3% •The Group’s revenue for the six months ended 30 June 2025reached approximately US$62.6 million, representing a decrease ofapproximately 19.3% from approximately US$77.6 million for thesame period in 2024; •15.517.511.5% •Gross profit amounted to approximately US$15.5 million forthe six months ended 30 June 2025, representing a decrease ofapproximately 11.5% from approximately US$17.5 million for thesame period in 2024; •2.74.843.1% •Net profit attributable to owners of the Company amounted toapproximately US$2.7 million for the six months ended 30 June2025, representing a decrease of approximately 43.1% fromapproximately US$4.8 million for the same period in 2024; •0.090.1540% •Earnings per share for the six months ended 30 June 2025 wasUS0.09 cent, representing a decrease of 40% compared withUS0.15 cent for the same period in 2024; • •The Board has resolved not to declare an interim dividend for the sixmonths ended 30 June 2025. CONSOLIDATED STATEMENT OF PROFIT OR LOSS  UNAUDITED For the six months ended 30 June 2025 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHERCOMPREHENSIVE INCOME – UNAUDITED For the six months ended 30 June 2025 CONSOLIDATED STATEMENT OF FINANCIAL POSITION As at 30 June 2025 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY – UNAUDITED For the six months ended 30 June 2025 CONDENSED CONSOLIDATED CASH FLOW STATEMENT – UNAUDITED For the six months ended 30 June 2025 NOTES TO THE INTERIM FINANCIAL INFORMATION  UNAUDITED– 1.CORPORATE INFORMATION 1. 22 The Company was incorporated in the Cayman Islands as anexempted company with limited liability on 22 February 2005 underthe Companies Act, Cap 22 (Law 3 of 1961, as consolidated andrevised) of the Cayman Islands and was listed on the Main Board (the“Main Board”) of The Stock Exchange of Hong Kong Limited (the“Stock Exchange”) on 5 June 2009. The condensed consolidated financial statements for the sixmonths ended 30 June 2025 have not been audited nor reviewedby the Company’s auditors, but have been reviewed by theCompany’s audit committee. The Company’s audit committee hasno disagreement with the accounting treatments which had beenadopted by the Group. 2.BASIS OF PREPARATION AND CHANGES INACCOUNTING POLICIES 2. 34 The unaudited condensed consolidated financial statementshave been prepared in accordance with the applicable disclosurerequirements of the Rules Governing the Listing of Securities on theStock Exchange (the “Listing Rules”), including compliance with theHong Kong Accounting Standard (“HKAS”) 34 “Interim FinancialReporting” issued by the Hong Kong Institute of Certified PublicAccountants (“HKICPA”). The unaudited condensed consolidated financial statements havebeen prepared on the historical cost basis, except for investments inequity securities which are stated at fair value. The accounting policies used in the unaudited condensedconsolidated financial statements are consistent with those followedin the preparation of the Group’s annual financial statements forthe year ended 31 December 2024. In the current period, the HKICPA has issued several amendmentsto Hong Kong Financial Reporting Standards (“HKFRSs”) that arefirst effective for the current accounting period of the Group. Theadoption of these amendments had no significant financial impacton the unaudited condensed consolidated financial statements. The Group has not applied any new or revised HKFRSs that havebeen issued but are not yet effective for the current accountingperiod. NOTES TO THE INTERIM FINANCIAL INFORMATION  UNAUDITED– Disaggregation of revenue by major products or service lines is asfollows: UnauditedFor the six months ended30 June 4.SEGMENT REPORTING 4. The Group manages its business by divisions. In a manner consistentwith the way in which information is reported internally to theGroup’s most senior executive management for the purposes ofresource allocation and performance assessment, the Group haspresented the following three reportable segments. No operatingsegments have been aggregated to form the following reportablesegments. Design, manufacturing, install