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1286 — Impro Precision Industries News Story

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Impro Precision Industries touches 7-week high on first-half profit growth

BUZZ-Impro Precision Industries touches 7-week high on first-half profit growth

** Shares of Impro Precision Industries 1286.HK climb 3.8% to HK$8.925, their highest level since June 23

** Stock set for the biggest one-day pct gain since August 5, extending gains for the second session

** The castings products and precision machining parts producer said its profit attributable jumped 21.6% y/y to HK$421 million ($53.66 million) for six months ended June; revenue up 23.2% y/y

** YTD, stock up 80%, benchmark Hang Seng Index .HSI up 0.5%



($1 = 7.8455 Hong Kong dollars)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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