Continental Aerospace Technologies Holding (HKG:0232) expects a minimum profit of HK$6 million for the six months ended June 30, lower than the HK$80 million recorded for the corresponding period in 2023, a Wednesday filing with the Hong Kong Exchange said.
The company attributed the decrease in expected profit to facing a tight supply chain during the period and its USA subsidiary requiring more energy and cost to manage its operations while implementing a new system.
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