Core Viewpoint - China Environmental Resources (01130) reported a significant decline in revenue and an increase in shareholder losses for the fiscal year ending June 30, 2025, primarily due to reduced performance in its automotive and material recycling businesses [1] Financial Performance - The company achieved revenue of HKD 60.749 million, representing a year-on-year decrease of 26.65% [1] - Shareholder losses amounted to HKD 40.305 million, a year-on-year reduction of 40.43% [1] - Basic loss per share was HKD 0.08 [1] Business Segments - The decline in revenue was mainly attributed to decreased performance in the automotive and material recycling sectors [1] - Gross profit reduction was primarily due to the downturn in the automotive business [1] Cost Factors - The annual loss was driven by several factors, including administrative and operational expenses, fair value losses on investment properties, changes in the fair value of biological assets leading to losses upon disposal, provisions for impairment of receivables, and financing costs [1]