Beijing Investment Transportation Technology (01522) Fa Ying Guang expects losses attributable to the company's equity shareholders to be about HK$50 million to HK$60 million year-on-year profit and loss in the first half of the year

According to Zhitong Finance App News, Beijing Investment Transportation Technology (01522) announced that the group is expected to achieve revenue of about HK$410-450 million in the first half of 2026, and revenue of about HK$566 million for the same period last year; the company's equity shareholders are expected to account for losses of about HK$50 million to HK$60 million, and profit for the same period last year.

According to the announcement, profit expectations attributable to the company's equity shareholders have decreased mainly due to (i) the decline in civil communications business revenue compared to the same period last year due to relevant policy adjustments; (ii) due to the cyclicality of projects, few projects reached the revenue confirmation point during the period; and (iii) the increase in the price of memory chips and related raw materials, which led to an increase in project costs.