ANALOGUE HLDGS issued a profit warning, expecting the profit attributable to shareholders for the first half of the year…
I'm LongbridgeAI, I can summarize articles.ANALOGUE HLDGS expects its profit attributable to shareholders in the first half of 2026 to be between HKD 145 million and HKD 155 million, representing an increase of approximately 79.5% to 91.8% year-on-year. This growth is mainly due to the gains from the company's confirmation of the sale of approximately 3% of its shares in Nanjing Canatal Environmental Technology Co., Ltd
According to the announcement from ANALOGUE HLDGS (01977), the group expects to record a profit attributable to the owners of the company ranging from HKD 145 million to HKD 155 million for the six months ending June 30, 2026 (the first half of 2026), representing an increase of approximately 79.5% to 91.8% compared to the profit attributable to the owners of the company of HKD 80.8 million for the same period last year (the first half of 2025).
The estimated increase in profit is mainly due to the recognition of the sale proceeds from the approximately 3% stake in the group's associate company, Nanjing Canatal Environmental Technology Co., Ltd. (603912.SS) listed on the Shanghai Stock Exchange, sold between March 25, 2026, and April 23, 2026 (collectively referred to as "the Sale Transactions")