CON AERO TECH: Annual Report 2024

HKEXApr 29 04:30 ET · Announcements

Under the tariff war, the "antidownturn gene" of the Military Industry is prominent, and Cssc Offshore & Marine Engineering's Hong Kong stocks surged nearly 14%, leading related stocks.

① Cssc Offshore & Marine Engineering's net income in the first quarter surged over ten times year-on-year. Does its high performance growth have sustainability? ② In the context of intensified geopolitical risks from the US-China tariff struggle, can China's military trade exports maintain a high growth rate of 34%?

cls.cnApr 8 22:25 ET

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