Continental Airlines Technology Holdings (00232) rose nearly 5% and rose 4.92% at press time to report HK$0.128, with a turnover of HK$3.23 million.
The Zhitong Finance App learned that Continental Airlines Technology Holdings (00232) rose nearly 5% and rose 4.92% at press time to HK$0.128, with a turnover of HK$3.23 million.
According to news, on April 18, Continental Airlines Technology (Continental Airlines), a subsidiary of China Airlines Technology Holdings Ltd., proudly announced the launch of its latest CD-170R aviation kerosene piston engine in Germany. Based on decades of innovation, China Airlines Technology has continuously expanded its CD-100 series, and the CD-170R launched this time has expanded it to an application platform for rotorcraft. At present, China Aviation Technology has submitted engine certification documents to the European Aviation Safety Authority (EASA) and is expected to obtain certification later this year.
According to reports, according to the company's results for the year ended December 31, 2023, the group achieved revenue of HK$1.83 billion during the period, an increase of 9.89%; profit attributable to the owners of the company was HK$162 million, an increase of 219.11%; basic profit per share was 1.74 HK cents; and a final dividend of HK0.5 cents per share was proposed. According to the announcement, the sharp increase in profit for the year ended December 31, 2023 was mainly due to the fact that one of the company's US subsidiaries began generating taxable profit in 2023, which confirmed deferred income tax credits for past years' income tax losses; and 2022 profit included impairment of other intangible assets.