HK Stock Market Move | BII TRANS TECH (01522) fell nearly 11%, expecting to turn from profit to loss in the first half of the year, with a maximum loss of 60 million Hong Kong dollars.

BII TRANS TECH (01522) fell nearly 11%. As of the time of writing, it dropped by 10.77%, trading at HKD 0.232, with a transaction volume of HKD 1.2644 million. In terms of news, BII TRANS TECH announced that it expects to achieve revenue of approximately HKD 410 million to HKD 450 million in the first half of 2026, compared to revenue of about HKD 566 million in the same period last year. The company anticipates a loss attributable to equity shareholders of approximately HKD 50 million to HKD 60 million, while the profit attributable to equity shareholders in the same period last year was around HKD 24.9 million, marking a shift from profit to loss year-on-year. The announcement stated that the expected decrease in profit attributable to equity shareholders is mainly due to the impact of relevant policy adjustments, which led to a decline in revenue from the civil communications business compared to the same period last year. Additionally, due to the cyclical nature of projects, there were fewer projects reaching the revenue recognition point during the period, and the rising prices of memory chips and related raw materials resulted in increased project costs.