E-COMMODITIES (01733) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$12.672 billion, representing a year-on-year decrease of 36.17%. Profit attributable to equity shareholders reached HK$136 million, down 82.6% compared to the same period last year. Earnings per share stood at HK$0.051.

According to the announcement, the revenue decline was primarily attributed to year-on-year coal price drops, which led to a 42.65% decrease in coal trading revenue compared to the corresponding period last year. Revenue generated from coal products decreased by approximately 42.65% from about HK$16.858 billion in the first half of 2024 to about HK$9.668 billion in the first half of 2025.

The decline was mainly due to continued pressure in the coal market, with the average price of premium coking coal falling by approximately 40% compared to the previous year. Against the backdrop of China's total coking coal imports declining by nearly 10% year-on-year, the group closely followed market changes in its trading business, implemented selective sales strategies, and maintained its market share.