Continental Aerospace Technologies Forecasts Higher H1 Profit; Shares Surge 25%

MT Newswires Live
08/18

Continental Aerospace Technologies (HKG:0232) expects a post-tax profit of at least HK$55 million in the first half of 2025, up from HK$7.1 million a year prior, an Aug. 15 Hong Kong bourse filing said.

Shares of the aviation supply chain services provider were up 25% in Monday afternoon trading.

The firm attributed the forecast to an increase in production capacity of the general aviation aircraft piston engine business, the stable operation of the new enterprise resource planning system, and higher order deliveries.

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