CON AERO TECH (00232) Issues Profit Alert, Anticipates Annual Net Profit of at Least HK$90 Million

Stock News
Mar 17

CON AERO TECH (00232) announced that the group expects to record a net profit after tax of not less than HK$90 million for the fiscal year ending December 31, 2025. This represents a significant increase compared to the approximately HK$56 million profit recorded in 2024. The improved performance is primarily attributed to enhanced capacity and increased deliveries across business units, alongside foreign exchange gains resulting from the appreciation of the Euro. The stabilization of the new Enterprise Resource Planning system at its US subsidiary, coupled with the comprehensive upgrade of factory equipment, has substantially boosted the group's production and delivery capabilities for the current year. Looking ahead, the board of directors is confident that, supported by high production efficiency and a robust order book, the group's operational results will continue to achieve organic growth.

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