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China High Precision Automation Group Ltd. ( (HK:0591) ) has shared an update.
China High Precision Automation Group Ltd. has announced a positive profit alert, expecting to record a profit of approximately RMB14.5 million to RMB16.5 million for the six months ended December 31, 2024, a significant turnaround from a loss of RMB5.7 million in the same period the previous year. This improvement is primarily driven by increased sales and consigned processing services in its automation instrument and technology product lines, indicating a strengthening position in the market and potential positive implications for stakeholders.
More about China High Precision Automation Group Ltd.
China High Precision Automation Group Ltd. operates in the automation industry, focusing on the production and sale of automation instruments and technology products. The company also offers consigned processing services for these products, targeting markets that require high precision automation solutions.
YTD Price Performance: 2.31%
Average Trading Volume: 2,624,541
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$138M
See more data about 0591 stock on TipRanks’ Stock Analysis page.
