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China's Industrial Profits Up 0.8% In Q1 Amid Tariff Hurdles
On April 25, TSUGAMI CHINA (01651) spent 2.1389 million Hong Kong dollars to repurchase 0.1 million shares.
TSUGAMI CHINA (01651) announced that it will invest 2.1389 million Hong Kong dollars to buy back...
Hong Kong stock morning report | E-commerce platforms have completely canceled "refund only" policy. Wei Long Mei Wei plans to invest 1 billion yuan to build a new factory.
① E-commerce platforms fully cancel "refund only" policy. ② The IMF lowers the 2025 global economic growth forecast from 3.3% at the beginning of the year to 2.8%. ③ The Ministry of Industry and Information Technology solicits public opinions on the "Guide to the Construction of Comprehensive Standardization System for Cloud Computing (2025 Version)." ④ The Ministry of Industry and Information Technology: More than 100 national and industry standards will be developed and revised to establish a standard system for Intelligent Manufacturing that adapts to the development of new industrialization by 2026.
TSUGAMI CHINA (01651.HK) expects annual net profit to reach 0.782 billion yuan, an approximate 60% year-on-year growth.
Gelonghui, April 22丨TSUGAMI CHINA (01651.HK) announced that the group expects to record a profit attributable to the company owners of approximately RMB 0.782 billion for the fiscal year ending March 31, 2025, an increase of about 60% compared to the profit attributable to the company owners of approximately RMB 0.48 billion (audited) for the fiscal year ending March 31, 2024. Based on currently available information, the Board of Directors believes that the group's performance growth is benefited from the gradual recovery of confidence in the domestic manufacturing sector, including growth in capital expenditures in the Auto Parts industry, pneumatic hydraulic industry, and general Machinery processing industry. In addition, the group continues to work hard in the Auto Parts sector.
Express News | Precision Tsugami (China) Corporation Sees Profit Attributable RMB782 Mln for Year
TSUGAMI CHINA: POSITIVE PROFIT ALERT
There May Be Reason For Hope In Precision Tsugami (China)'s (HKG:1651) Disappointing Earnings
