CON AERO TECH (00232) Issues Profit Alert, Expects H1 After-Tax Profit to Rise to At Least HK$55 Million

Stock News08-15

CON AERO TECH (00232) announced that the group expects to achieve an after-tax profit of no less than HK$55 million for the first half of 2025 (2024: approximately HK$7.05 million). This significant improvement is primarily attributed to the completion of new factory facilities, deployment of new production equipment, and gradual stabilization of the new enterprise resource planning system, along with the continued implementation of the "world-class manufacturing" production management system. These developments have substantially enhanced the production capacity of the general aviation aircraft piston engine business during the first half of the year, with order deliveries showing year-over-year growth, thereby driving the group's overall revenue and gross profit performance.

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