C HIGHPRECISION (00591) Issues Profit Alert, Expects Annual Net Profit of RMB 16-19 Million, Turning from Loss to Profit Year-over-Year
Stock News
Sep 12
C HIGHPRECISION (00591) announced that the group expects to achieve net profit attributable to owners of approximately RMB 16-19 million for the year ending June 30, 2025, compared to a net loss attributable to owners of approximately RMB 32.7 million for the same period in 2024. The group's turnaround from loss to profit is primarily attributed to increased sales of automation instruments and technology products, as well as enhanced OEM processing services related to automation instruments and technology products.
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