CON AERO TECH (00232) expects its loss after tax for the first half of the year to increase to not more than HKD 105 million.

Continent Airlines Technology Holdings (00232) announced that the group expects its after-tax loss in the first half of 2026 to increase to no more than HK$105 million, compared to an after-tax profit of approximately HK$64 million in the same period of 2025. The expected after-tax loss exceeds the previously issued profit warning announcement of HK$70 million, primarily due to an estimated loss provision of approximately HK$38 million arising from the remeasurement of assets held for sale related to property sales, as stated in the joint announcement. This provision is recorded on a prudent measurement basis in accordance with Hong Kong Financial Reporting Standards.