SFCE (01165) announced its interim results for 2025, reporting revenue of HK$67.485 million, representing an 18.6% year-on-year decrease. The loss attributable to shareholders was approximately HK$210 million, down 3.24% compared to the same period last year, with a loss per share of 4.13 cents.

According to the announcement, the revenue decline was primarily attributed to a 19.3% reduction in power generation for revenue recognition, equivalent to 21,228 megawatt-hours. Power generation decreased from 109,912 MWh in the corresponding period of 2024 to 88,684 MWh in the current period.

Additionally, the group's solar power stations located in several provinces and regions in China were affected by curtailed energy production during the period, resulting in reduced power generation. Consequently, the group's power generation revenue in China decreased by approximately RMB 43 million during the period, with an estimated loss of approximately 55,000 MWh in power generation capacity.