BII TRANS TECH issued a profit warning, expecting annual profit attributable to shareholders to be approximately HKD 130…
I'm LongbridgeAI, I can summarize articles.BII TRANS TECH issued a profit warning, expecting the annual profit attributable to shareholders for the year ending December 31, 2025, to be approximately HKD 130 million to HKD 140 million, a year-on-year decrease, mainly due to a significant decline in revenue and gross margin from the civil communication business. Revenue is expected to be HKD 1.7 billion to HKD 1.8 billion, compared to HKD 1.6568 billion in the same period last year. The company will continue to consolidate its advantages in other businesses and explore innovative opportunities to maintain stable development of its main business
According to the announcement from BII TRANS TECH (01522), the group expects to achieve revenue of HKD 1.7 billion to HKD 1.8 billion for the year ending December 31, 2025, compared to approximately HKD 1.6568 billion in the same period last year. The group anticipates a profit attributable to equity shareholders of approximately HKD 130 million to HKD 140 million, down from approximately HKD 167.6 million in the same period last year.
The expected decrease in profit attributable to equity shareholders is mainly due to a significant decline in revenue and gross profit margin from the civil communication business compared to last year. As stated in the company's previous announcement, the fee reduction policy for civil communication services has been gradually implemented, and the decline in revenue and profit contribution from the civil communication business has already been reflected during the period. The group will continue to consolidate the advantages of other business segments and explore innovative business opportunities to maintain stable development of its main business
