ECI TECH (08013) Issues Positive Profit Alert, Expects Annual Net Profit After Tax to Increase by Approximately 200% Year-on-Year

Zhitong Finance APP News, ECI TECH (08013) announced that the Group expects to record a net profit after tax of not less than HK$8 million for the year ended 31 August 2026, representing an increase of approximately 200% compared with the net profit of approximately HK$2.6 million recorded for the year ended 31 August 2025. The expected increase in net profit is mainly attributable to significant progress or completion of certain major projects during the reporting year, which drove an increase in revenue generated from installation projects, including: maintenance, supply and installation of various electronic systems to support the Three-Runway System at Hong Kong International Airport; removal of traffic detectors and related facilities in commercial areas (Phase 2); supply and installation of a radio distribution system for the Correctional Services Department at Shek Pik Prison; supply and installation of an internal alarm audio recording system for the Correctional Services Department at multiple sites (Phase 2); and additional installation works for the Octopus access control system at The Grand Blossom.