Workflow
汇舸环保(02613.HK)上半年纯利降92.62%至606.1万元

Core Viewpoint - The company reported a significant decline in revenue and profit for the first half of 2025, primarily due to geopolitical tensions and adjustments in customer schedules affecting the shipbuilding and shipping industry [1] Financial Performance - The company's revenue for the first half of 2025 was RMB 143 million, representing a year-on-year decrease of 57.35% [1] - The profit for the period was RMB 6.061 million, down 92.62% year-on-year, with basic earnings per share at RMB 0.18 [1] - The board of directors did not recommend the distribution of an interim dividend for the reporting period [1] Industry Impact - The decline in revenue is attributed to several factors: 1. Geopolitical tensions and recent tariff fluctuations impacting the Chinese shipbuilding and shipping sectors [1] 2. Adjustments in customer shipyard maintenance and new shipbuilding schedules leading to delays in high-value backlog orders expected to be fulfilled before 2025 [1] 3. The longer delivery cycles of most new orders obtained by the company at the beginning of 2025, resulting in unrecognized revenue during the reporting period [1]