CT VISION (00994) announced its annual results for the year ended December 31, 2025. The company reported revenue of HK$184 million, representing a decrease of 67.02% compared to the previous year. The loss attributable to the company's owners was HK$32.851 million, which widened by 37.97% year-on-year. The loss per share was 3.41 HK cents.
According to the announcement, the decline in revenue was primarily due to increased market caution towards investments in photovoltaic and other new energy projects. This shift in sentiment followed the introduction of two new national policies for the photovoltaic energy sector at the beginning of 2025. Consequently, numerous projects were either suspended or scaled back. This situation, combined with intensified competitive pressures, led to a significant reduction in the group's contract value and revenue.