Precision Tsugami (China) sees profit surge in FY2025

Precision Tsugami (China) Corporation, a manufacturer of CNC machine tools, announced strong annual results, with profit rising to RMB782.417 million from RMB479.970 million in the previous year. Revenue increased 36.6% to RMB4,261.557 million, fueled by recovering market conditions and enhanced competitiveness. Gross profit margin improved to 33.1%, benefiting from cost reduction efforts. Basic earnings per share rose to RMB2.08. The company's Board recommends a final dividend of HKD0.50 per share. The company highlights robust demand from the automotive sector and strategic investments in expanding production capacity, including a new 34 mu plant acquired in May 2025, as drivers for future growth. While the company notes external uncertainties, it anticipates continued industry demand in FY2026.