Mainland Airlines Technology Holdings (00232) expects that the after-tax loss for the first half of the year will increase to no more than HK$105 million.
According to the Zhichun Finance APP, Mainland Aviation Technology Holdings (00232) announced that the group expects its after-tax loss in the first half of 2026 to increase to no more than HKD 105 million, compared to an after-tax profit of approximately HKD 64 million in the same period of 2025. The expected after-tax loss exceeds the previously warned profit of HKD 70 million due to an estimated loss allowance of approximately HKD 38 million generated from the remeasurement of assets held for sale related to property sales as stated in the joint announcement. This allowance is recorded based on a prudent measurement basis in accordance with Hong Kong Financial Reporting Standards.
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