CON AERO TECH Expects First-Half Loss to Widen to No More Than HK$105 Million

Stock News08-13

CON AERO TECH (00232) has announced that the group expects its loss after tax for the first half of 2026 to increase to no more than HK$105 million, compared to a profit after tax of approximately HK$64 million in the same period of 2025.

The expected loss after tax is higher than the HK$70 million indicated in a previous profit warning announcement. This is due to an estimated loss provision of approximately HK$38 million related to the re-measurement of assets held for sale from the property disposal, as stated in a joint announcement. The provision is recorded on a prudent measurement basis in accordance with Hong Kong Financial Reporting Standards accounting principles.

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