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China High Precision Faces Increased Annual Losses

China High Precision Faces Increased Annual Losses

China High Precision Automation Group Ltd. (HK:0591) has released an update.

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China High Precision Automation Group Ltd. has reported a challenging fiscal year ending June 2024, with revenue dipping by 1.6%, and losses growing significantly. The company’s operational loss rose by 52.9%, while the net loss for shareholders increased by 44.3%, indicating a rough period for the firm.

For further insights into HK:0591 stock, check out TipRanks’ Stock Analysis page.

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