CON AERO TECH: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024

HKEXMar 28 07:14 ET · Announcements

CON AERO TECH (00232.HK) expects a profit after tax of no less than 50 million Hong Kong dollars in 2024.

CON AERO TECH (00232.HK) announced that the group expects to record a profit after tax of no less than 50 million HKD for the year ending December 31, 2024 (2023: approximately 0.162 billion HKD). This is mainly due to challenges faced by the USA subsidiary in implementing the new NetSuite enterprise resource planning system, which affected production and delivery in the first half of the year. In addition, the ongoing increase in global production costs has led to a year-on-year decline in the group's gross profit for the entire year. As the USA subsidiary completes the ERP system adaptation work and the bluefin tuna project is fully implemented, the group's production and delivery capacity is expected to improve in the second half.

Gelonghui FinanceMar 20 04:34 ET

Express News | Continental Aerospace Technologies - Profit Due to Erp System Implementation Impacted Production and Deliveries in FY, Others

ReutersMar 20 04:33 ET

Express News | Continental Aerospace Technologies Holding Ltd - Expected Profit After Tax of Not Less Than HK$50 Million

ReutersMar 20 04:30 ET

CON AERO TECH (00232.HK) plans to hold a Board of Directors meeting on March 28 to approve the annual performance.

Gelonghui March 18丨CON AERO TECH (00232.HK) announced that the Board of Directors will hold a meeting on March 28, 2025 (Friday), to approve the preliminary announcement of the annual performance of the company and its subsidiaries for the year ending December 31, 2024, and to consider the proposal to distribute a final dividend (if applicable).

Gelonghui FinanceMar 18 04:47 ET

The disclosure of shareholder equity in the Smart Exchange Hong Kong Stock | November 27.

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