Precision Tsugami Posts Lower Annual Revenue and Profit

Precision Tsugami (China) Corp. Ltd. (HK:1651) has released an update.

Precision Tsugami (China) Corporation Limited has released its audited consolidated annual financial results for the year ended March 31, 2024, revealing a decrease in revenue and profit compared to the previous year. The company’s revenue dropped from RMB 4,046,902,000 in 2023 to RMB 3,119,674,000 in 2024, with profit after tax also falling from RMB 579,188,000 to RMB 479,970,000. These financial figures reflect challenges faced during the year, impacting the overall performance of the company.

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