Core Viewpoint - Green Energy Technology Group (00979) reported a decrease in revenue and an increase in losses for the fiscal year ending June 30, 2025, primarily due to challenges in its renewable energy segment and impairment losses related to its plastic recycling business [1] Financial Performance - Revenue from continuing operations was approximately HKD 68.887 million, a year-on-year decrease of 2.73% [1] - The loss attributable to shareholders was HKD 16.034 million, representing a year-on-year increase of 12.02% [1] - Basic loss per share was HKD 0.0118 [1] Business Segment Analysis - The decline in revenue was mainly attributed to reduced income from the renewable energy segment during the fiscal year 2025 [1] - The increase in net losses was driven by decreased revenue and margin profits in the renewable energy segment, along with impairment losses on property, plant, and equipment related to the plastic recycling business, which were not present in the fiscal year 2024 [1] Operational Challenges - The surge and volatility in international shipping costs led to some customers in Europe canceling orders in the renewable energy segment [1] - The gross margin of the renewable energy segment was eroded due to rising raw material procurement costs and local transportation costs [1] - The performance of the construction waste and processing services business, as well as the plastic recycling/metal waste business in Germany, deteriorated due to increased employee and energy costs [1]
绿色能源科技集团(00979)公布年度业绩 公司拥有人应占亏损1603.4万港元 同比增长12.02%