BII TRANS TECH (01522) issues a profit warning, expecting the annual net profit attributable to shareholders to decrease by approximately HK$130-140 million compared to the previous year.
Beijing Investments Transport Technology (01522) announced that it expects the group's revenue for the year ending December 31, 2025 to be between HK$1.7 billion and HK$1.8 billion, compared to approximately HK$16.568 billion in the same period last year. The expected net profit attributable to equity shareholders of the company for the year is approximately HK$130 million to HK$140 million, compared to approximately HK$167.6 million in the same period last year.
BII TRANS TECH (01522) announces that it is expected to achieve revenue of HK$1.7 billion to HK$1.8 billion for the year ending December 31, 2025. In the same period last year, revenue was approximately HK$16.568 billion. It is expected that the net profit attributable to equity shareholders of the Company should be around HK$130 million to HK$140 million, compared to approximately HK$167.6 million in the same period last year.
The decrease in net profit attributable to equity shareholders of the Company is mainly due to a significant decrease in revenue and gross profit margin in the civil communication business compared to last year. As mentioned in the Company's previous announcements, the reduction in fees for civil communication services has been gradually implemented, leading to a decrease in revenue and profit contribution from this business segment. The Group will continue to strengthen the advantages of other business segments, explore innovative business opportunities, in order to maintain stable development of the Group's main business.
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