Mainland Airline Technology Holdings (00232) announces profit increase, expects post-tax profit in the first half of the year to be no less than 55 million Hong Kong dollars.

The mainland aviation technology holding company (00232) announced that the group is expected to achieve a post-tax profit of not less than HK$55 million in the first half of 2025 (2024: approximately HK$7.05 million), mainly due to the completion of new factories, the investment in new production equipment, and the gradual stabilization of the new enterprise resource planning system, as well as the continuous advancement of the "world-class manufacturing" production management system. The production capacity of the general aviation aircraft piston engine business in the first half of the year has significantly increased, with a year-on-year increase in order volume delivery, thereby driving the overall revenue and gross profit performance of the group.