ALLTRONICS (00833) issues profit warning, expecting that the profit attributable to shareholders for the first half of the year will decrease by approximately 60%-70% year-on-year.
China Communications (00833) announced that it expects the group's profit attributable to company owners in the first half of 2026 to decrease by approximately 60% to 70% year-on-year, while the profit attributable to company owners for the same period in 2025 was about 41 million Hong Kong dollars.
ALLTRONICS (00833) announced that it expects the group's attributable profit for the first half of 2026 to decrease by approximately 60%-70% year-on-year, compared to an attributable profit of about HKD 41 million for the same period in 2025.
The announcement stated that the decline in profit is primarily due to losses incurred by the subsidiary acquired last year. The two newly acquired subsidiaries in Malaysia and Vietnam are still in the integration phase in the first half and have not yet commenced mass production. It is expected that the operations and revenue of these subsidiaries will gradually improve in the second half of the year. Sales revenue during this period remains steady compared to the approximately HKD 613.6 million sales revenue in the same period last year.
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