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CF Energy Announces Financial Results for the Three-month period ended March 31, 2025
TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- CF Energy Corp. (TSX-V: CFY) (“CF Energy”...
About this update from Cf Energy Corp.
[{"type":"text","content":"CF Energy Announces Financial Results for the Three-month period ended March 31, 2025\n\n\n\n TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), an energy provider in the People’s Republic of China (the ”PRC” or “China”), announces that the Company has filed its unaudited interim consolidated financial results for the three-month period ended March 31, 2025.\n \n\n The unaudited condensed interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) can be downloaded from\n \n www.sedarplus.com\n \n or from the Company's website at\n \n www.cfenergy.com\n \n .\n \n\n The unaudited condensed interim consolidated financial statements have been prepared in conformity with IFRS Accounting Standards as issued by the International Accounting Standards Board (“IASB”) (collectively, “IFRS Accounting Standards”). This news release contains financial terms that are non-IFRS Accounting Standards (“non-GAAP”) financial measures.\n \n\n\n\n Results for the three-month period ended March 31, 2025\n \n\n\n\n (“Q1 2025”)\n \n\n\n\n\n\n Continuing Operations\n \n\n\n\n\n\n\n In millions\n \n\n\n\n Q1 2025\n \n\n\n\n Q1 2024\n \n\n\n\n Change\n \n\n\n\n %\n \n\n\n\n Q1 2025\n \n\n\n\n Q1 2024\n \n\n\n\n Change\n \n\n\n\n\n\n (except for % figures)\n \n\n\n\n RMB\n \n\n\n\n RMB\n \n\n\n\n RMB\n \n\n\n\n\n\n\n\n CAD\n \n\n\n\n CAD\n \n\n\n\n CAD\n \n\n\n\n\n\n\n Continuing Operations\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Revenue\n \n\n 105.0\n \n\n 149.0\n \n\n (44.0)\n \n\n -30%\n \n\n 20.7\n \n\n 28.0\n \n\n (7.3)\n \n\n\n\n Gross Profit\n \n\n 24.5\n \n\n 32.7\n \n\n (8.2)\n \n\n -25%\n \n\n 4.8\n \n\n 6.1\n \n\n (1.3)\n \n\n\n\n Gross Profit Margin\n \n\n 23.3%\n \n\n 21.9%\n \n\n 1.4%\n \n\n\n\n\n\n\n\n\n\n\n\n Net Profit\n \n\n 1.6\n \n\n 9.9\n \n\n (8.3)\n \n\n -84%\n \n\n 0.3\n \n\n 1.9\n \n\n (1.6)\n \n\n\n\n Adjusted net Profit [non-GAAP]\n \n\n 1.4\n \n\n 9.9\n \n\n (8.5)\n \n\n -85%\n \n\n 0.3\n \n\n 1.9\n \n\n (1.6)\n \n\n\n\n EBITDA\n \n\n 21.9\n \n\n 29.6\n \n\n (7.7)\n \n\n -26%\n \n\n 4.3\n \n\n 5.6\n \n\n (1.3)\n ...