Changes in Hong Kong stocks | Aerospace Holdings (00031) rose more than 11% in the first half of the year, revenue increased by more than 10% year-on-year, and the technology industry business capacity increased further

The Zhitong Finance App learned that Aerospace Holdings (00031) rose more than 11% in the intraday period. As of press release, it had risen 8.33% to HK$0.65, with a turnover of HK$21.692 million.

According to the news, Aerospace Holdings previously announced its interim results, with revenue of approximately HK$2,023 million, up 10.89% year on year; the company's shareholders should have accounted for losses of HK$42.337 million, an increase of 48.15% over the previous year. During the period, revenue from the injection molding product business increased by 20.32% over the same period last year, driving an increase in the overall operating profit of the technology industry; overall sales of the circuit board business stabilized, and revenue increased 11.42% over the same period last year, mainly due to strong growth in the optoelectronic module and domestic carrier board business.

It is worth noting that Aerospace Holdings revealed in its mid-term financial report that the civil construction project for the capacity building of Kangyuan integrated circuit encapsulation boards in Nantong has been completed, and small-batch trial operation will begin in the first half of 2025; the IPM packaging business was officially put into operation at the beginning of the year, and some products have been localized and replaced; taking advantage of the business needs brought about by domestic enterprises to build factories in Vietnam, Vietnam's Zhiyuan injection molding business has reached full production and is planning the construction of the second phase of the project. These new capacity building capabilities are expected to increase the company's overall production capacity by about 40%, providing a guarantee for increasing the scale and quality of revenue.