Impro reports strong Q3 2025 sales, proposes new share option scheme

Impro Precision Industries Limited announced solid sales performance for the third quarter and the first nine months ended September 30, 2025, with total revenue reaching HK$1,360.8m for Q3 2025, a 16.8% increase from HK$1,165.1m in Q3 2024. Nine-month revenue also grew by 6.8% to HK$3,810.7m, up from HK$3,567.6m. Diversified Industrials, particularly high horsepower engines and AI-related end-markets, drove strong growth, while the automotive segment experienced a decline. The company forecasts high single-digit to double-digit year-on-year sales growth for the full year 2025.

In a related development, the board resolved on October 28, 2025, to propose the termination of the existing share option scheme, adopted on June 15, 2018, and the adoption of a new share option scheme. This change aims to align with the amended Chapter 17 of the listing rules, which took effect from January 1, 2023. The new scheme is intended to provide incentives to eligible participants, fostering growth and retaining top talent.

The adoption of the new share option scheme is conditional on approval by the Stock Exchange for listing and shareholders at an extraordinary general meeting. No share options have been granted under the existing scheme since its adoption.