Computer And Technologies Holdings Limited (00046) has issued a profit alert, indicating that based on a preliminary review of unaudited consolidated management accounts, net profit for the year ended 31 December 2025 is expected to be not more than HK$20 million. This marks a decline from the HK$28.9 million reported for the year ended 31 December 2024.
The expected profit decrease is primarily attributed to a fair value reduction in an investment property in Hong Kong of approximately HK$13 million (compared to around HK$5 million in 2024) as well as an additional tax provision of around HK$11 million (compared to HK$4.1 million in 2024) arising from claims related to research and development expenditures in previous years.
Final audited results for the year ended 31 December 2025 are anticipated to be published by the end of March 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.