Core Viewpoint - Energy and Energy Global (01142) experienced a significant decline of over 12% in stock price following the release of its financial results, indicating investor concern over the company's performance and future outlook [1] Financial Performance - For the six months ending September 30, 2025, the company reported a revenue of HKD 221 million, representing a year-on-year decrease of 8.4% [1] - The loss attributable to shareholders was HKD 1.411 billion, which is a substantial increase of 1403.5% compared to the previous year [1] - The basic loss per share was reported at HKD 0.38 [1] Capital Raising and Use of Proceeds - The company announced plans to issue up to 1.368 billion placement shares at a price of HKD 0.34 per share, which is approximately a 1.49% premium over the closing price of HKD 0.335 on the date of the placement agreement [1] - Upon completion of the placement, the net proceeds of approximately HKD 460 million will be allocated as follows: - About 57.67% for repaying group debts - Approximately 8.70% for expanding the group's existing energy commodity trading business in South Korea (e.g., diesel/gasoline) - Around 21.76% for expanding the group's existing energy commodity trading business in China (e.g., coal) - About 7.18% for exploring potential opportunities in renewable energy - Approximately 4.69% for general working capital [1]
能源及能量环球跌超12% 中期股东应占亏损同比扩大1403.5% 拟溢价配股偿还债务等