Precision Tsugami (China)'s (HKG:1651) attributable profit fell to 480 million yuan in the year ended March 31 from 579.2 million yuan in the year-ago period, according to a Wednesday filing with the Hong Kong Stock Exchange.
Earnings per share at the machine tools manufacturer decreased to 1.26 yuan from 1.52 yuan in the previous year.
Revenue declined to 3.12 billion yuan from 4.05 billion yuan a year earlier.
The company declared a final dividend of HK$0.40 per share, payable Sept. 2 to shareholders on record as of Aug. 28.
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