Core Viewpoint - Green Energy Technology Group (00979.HK) reported a revenue of approximately HKD 68.9 million from continuing operations for the fiscal year 2025, representing a year-on-year decrease of about 2.7%. The net loss attributable to shareholders was approximately HKD 16 million, an increase of 11.9% year-on-year, with a basic and diluted loss per share of HKD 0.0118 [1] Revenue and Profitability - The decrease in revenue and margin profit was primarily due to the decline in the renewable energy segment's performance during the fiscal year 2025 [1] - The group recorded impairment losses on property, plant, and equipment related to its plastic recycling business in fiscal year 2025, which were not present in fiscal year 2024 [1] Operational Challenges - The surge and volatility in international freight costs led to the cancellation of some orders from renewable energy customers in Europe [1] - The gross margin of the renewable energy segment was eroded due to rising raw material procurement costs and local transportation costs [1] Segment Performance - 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]

Core Points - The company reported a revenue of approximately HKD 68.887 million for the fiscal year ending June 30, 2025, representing a year-on-year decrease of 2.73% [1] - The loss attributable to shareholders was HKD 16.034 million, an increase of 12.02% compared to the previous year, with a basic loss per share of HKD 1.18 [1] Revenue Analysis - The decline in revenue was primarily due to a decrease in income from the renewable energy segment during the fiscal year 2025 [1] - The increase in net loss was mainly attributed to reduced income and margin profit from the renewable energy segment, as well as impairment losses recognized for property, plant, and equipment related to the plastic recycling business, which did not occur in the fiscal year 2024 [1] Cost and Margin Impact - The surge and volatility in international shipping costs led to some order cancellations from renewable energy customers in Europe [1] - The gross margin of the renewable energy segment was eroded due to rising raw material procurement costs and local transportation costs [1] Other Business Segments - 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]

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]