Continental Aerospace Technologies Holding Limited provided earnings guidance for the year ended 31 December 2022. The company is expected to record a profit after tax of not less than HKD 38 million (2021: loss after tax of approximately HKD 55.97 million) for the year ended 31 December 2022 which was mainly attributable to the increase in both the revenue and the corresponding gross profit of the general aviation aircraft piston engine
business. The Company is still in the course of preparing and finalising the consolidated results of the Group for the year ended 31 December 2022. The information contained in this announcement is based on the information currently available to the Company and the preliminary assessment of the management accounts of the Group for the year ended 31 December 2022, which has not been audited nor reviewed by the Company's auditors or the audit committee of the Company and may subject to adjustments. The overall results of the Group for the year ended 31 December 2022 will only be ascertained when all the relevant results and accounting treatments are finalised.