Precision Tsugami (China) (HKG:1651) recorded a 39.9% rise in attributable profit for the year ended March 31 to 1.09 billion yuan from 782.4 million yuan a year prior, according to a Monday filing with the Hong Kong bourse.
Earnings per share climbed to 2.97 yuan from 2.07 yuan in the corresponding period of the last fiscal year.
Revenue for the high precision machine tool manufacturer rose 21.6% to 5.18 billion yuan from 4.26 billion yuan a year prior.
The company recommended a final dividend of HK$0.90 per share for the year, payable Sept. 16 to shareholders of record as of Aug. 26.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments