Precision Tsugami hits record high on sharp rise in yearly earnings, dividend
30/06/2026 04:32
BUZZ-Precision Tsugami hits record high on sharp rise in yearly earnings, dividend ** Shares of Precision Tsugami (China) Corporation 1651.HK jump 17.1% to HK$71, their all-time high since debut in September 2017
** Stock set for its biggest one-day pct rise since March 2025
** Tsugami Corp 6101.T-backed high precision computer numerical control machine tools maker said its net profit for fiscal year ended in March up 39.9% y/y at 1.09 bln yuan ($160.49 mln), revenue up 21.7% at 5.18 bln yuan
** Company proposes a final dividend of HK$0.90 per share vs HK$0.50 a year ago, bringing the total dividend to HK$1.50 for the year, up 57.9% y/y
** YTD, Hong Kong stock up 111.5%, while benchmark Hang Seng Index .HSI down 11.1%
($1 = 6.7918 Chinese yuan renminbi)
(Reporting by Donny Kwok)
Recent news on Precision Tsugami (China)
See all newsPrecision Tsugami hits record high on sharp rise in yearly earnings, dividend
Brief: Precision Tsugami (China) Corporation Posts FY Net Income Attributable RMB 1,094.4 MLN
Brief: Precision Tsugami (China) Expects Profit Attributable Of RMB1,094 Mln For FY
HK-listed Precision Tsugami hits record high on robust annual profit estimate
Brief: Precision Tsugami (China) Declared Interim Dividend Of Hk$0.60 Per Ordinary Share