Analogue Holdings flags profit surge on Nanjing Canatal stake sale despite weaker core earnings

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2026.04.27 13:44
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Analogue Holdings Limited (HK:1977) anticipates a profit surge to HK$145 million to HK$155 million for the six months ending June 30, 2026, marking a 79.5% to 91.8% increase year-on-year, largely due to a HK$112.5 million pre-tax gain from selling a 3% stake in Nanjing Canatal. However, adjusted profits are expected to decline by 47.4% to 59.8% to HK$32.5 million to HK$42.5 million, attributed to project phasing and rising costs in labor and materials, highlighting ongoing cost pressures in its engineering operations.