Precision Tsugami (China) Corp. Ltd. ( (HK:1651) ) has issued an announcement.
Precision Tsugami (China) Corporation Limited has announced a significant profit increase of approximately 60% for the fiscal year ending March 31, 2025, with profits expected to reach RMB782 million. This growth is attributed to a recovery in the domestic manufacturing sector, increased capital expenditure in key industries, and the company’s strategic expansion efforts. The company has also implemented cost reduction and efficiency improvement initiatives, contributing to its strong financial performance. The machine tool industry remains subject to cyclical changes, aligning with the company’s expectations.
More about Precision Tsugami (China) Corp. Ltd.
Precision Tsugami (China) Corporation Limited operates in the manufacturing industry, focusing on CNC high precision machine tools. The company serves various sectors, including the automotive, pneumatic and hydraulic, and general machining industries, with a growing emphasis on the automobile parts and components and healthcare sub-segments.
YTD Price Performance: 55.63%
Average Trading Volume: 3,458,539
Technical Sentiment Signal: Sell
Current Market Cap: HK$7.15B
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